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What is fair trade?

What is fair trade? Here are some definitions.

Noun
  1. A system of trading promoting more equitable global trade, especially to sellers and producers in poorer areas, but also to the environment.
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Examples
A fashion show in Leeds is setting out to prove fair trade clothing has shaken off its sackcloth and oatmeal image.
In addition, the event will feature guest speakers that will address different aspects of fair trade.
We were taken to villages where people were working on coffee plantations that weren't fair trade and these people were dirt poor.
Tully's, at least, will make a press pot of fair trade, but it's two big cups' worth and it takes a minute to brew, so bring a friend.
Like his father, his political career was hampered by his adherence to fair trade and his mercantile Birmingham roots.
Sainsbury's this month confirmed it had placed its highest ever order for fair trade cotton.

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