The idea that ethical consumers will pay a premium for commodities from producers in developing nations who use sustainable methods is known as:

Question

Quizplus · Accepted Answer

The idea described is that of fair trade, which involves consumers paying a premium for products from developing nations that are produced using sustainable and ethical methods. Moral purchasing refers to buying products that align with an individual's values, while free trade refers to the exchange of goods without government intervention. Safe trade is not a commonly used term in this context.

The Idea That Ethical Consumers Will Pay a Premium for Commodities