Economics
What do you think can be done so that trade between countries is more fair?
Global & Ind Econ
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Answer
Achieving fair trade requires collaboration and cooperation among countries and international organizations.
- The trade agreements, policies, and regulations should be transparent and accessible to all parties involved.
- The rules regarding liberalisation of trade should be equally followed by developed as well as developing countries.
- Encouraging environmentally sustainable production methods and fair labour practices through trade agreements can ensure that trade will benefit local communities and protects the environment.
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