Vocab Bloom Hub

fair-trade act

/ˈfeər treɪd ækt/

Traducción: Ley o estatuto legal que regula las prácticas de comercio justo, garantizando negocios éticos, precios razonables y un trato equitativo para productores y consumidores.

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phrase

/ˈfeər treɪd ækt/C1formallegal
  • esLey o estatuto legal que regula las prácticas de comercio justo, garantizando negocios éticos, precios razonables y un trato equitativo para productores y consumidores.

A piece of legislation or legal statute that regulates fair trade practices, ensuring ethical business conduct, fair pricing, and equitable treatment of producers and consumers.

  1. Legislation for fair tradeC1formal

    A law or regulation designed to promote fair competition and protect consumers from unfair business practices.

    esley de comercio justo

    • The Fair Trade Act prohibits deceptive advertising and price fixing.
    • Companies must comply with the Fair Trade Act to avoid penalties.
    • The government updated the Fair Trade Act to address digital markets.