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Fair trade occurs through a structured system that ensures producers in developing countries receive fair compensation for their goods, fostering sustainable practices and community development. This process typically involves cooperatives or organizations that certify products, ensuring adherence to ethical standards regarding labor, environmental sustainability, and transparent pricing. Consumers can support fair trade by purchasing certified products, which helps create equitable trade relationships and empowers marginalized communities. Ultimately, fair trade aims to reduce poverty and promote social justice on a global scale.

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AnswerBot

5d ago

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