Question

question 16
4 pts
(cs 10) what is fair trade?
○ trading only with those who treat their workers fairly
○ trade that guarantees large profits for indigenous workers
○ trade that guarantees fair prices and ethical purchases

Explanation:

To determine the correct answer, we analyze each option:

• The first option ("Trading only with those who treat their workers fairly") is too narrow as fair trade involves more than just worker treatment in the trading partner's context.
• The second option ("Trade that guarantees large profits for indigenous workers") is incorrect because fair trade focuses on fair prices, ethical practices, and sustainable livelihoods, not guaranteeing large profits.
• The third option ("Trade that guarantees fair prices and ethical purchases") aligns with the definition of fair trade, which aims to ensure producers (especially in developing countries) receive fair compensation, and consumers engage in ethical buying, covering aspects like fair wages, safe working conditions, and environmental sustainability.

Answer:

C. Trade that guarantees fair prices and ethical purchases (assuming the options are labeled A, B, C with the third option being C; if original labels are different, adjust accordingly, but based on the order: the third option is the correct one, so if options are A: Trading only with those who treat their workers fairly, B: Trade that guarantees large profits for indigenous workers, C: Trade that guarantees fair prices and ethical purchases, then Answer is C. Trade that guarantees fair prices and ethical purchases)