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FAIR-TRADE ACT

(noun)

Definitions

There is 1 meaning of the phrase Fair-Trade Act.

Fair-Trade Act - as a noun

Formerly a state law that protected manufacturers from price-cutting by allowing them to set minimum retail prices for their merchandise; eliminated by the united states congress in 1975

Example Sentences

"The fair-trade act certification ensures that farmers are paid a fair price for their products."
"Many consumers prefer to buy products with a fair-trade act label."
"The fair-trade act organization sets standards for ethical business practices."
"Companies that follow the fair-trade act guidelines promote sustainable farming methods."
"The fair-trade act policy aims to reduce poverty in developing countries."
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