There are two sets of standards that distinguish fair trade.These are fair trade labelling organizations International (FLO)and standards applied to workers on farms and in factories.

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This statement is correct. Fair trade has two sets of standards - one is set by Fair Trade Labelling Organizations International (FLO) and the other is the standards applied to workers on farms and in factories. These standards ensure that producers are paid fairly, workers have safe and healthy working conditions, and environmental standards are met.

There Are Two Sets of Standards That Distinguish Fair Trade