fair trade agreement Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “fair trade agreement” in the English Dictionary

"fair trade agreement" in Business English

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fair trade agreementnoun [C]

uk   us   COMMERCE
an agreement in which a company cannot sell a product for less than the price agreed with the manufacturer. This is illegal in the US and many other countries.
(Definition of fair trade agreement from the Cambridge Business English Dictionary © Cambridge University Press)
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