The idea of reorganizing unequal global trade in a way that minimizes inequalities is called:
A) equal trade
B) honest consumption
C) fair trade
D) neoconsumption

Question

Quizplus · Accepted Answer

The idea of reorganizing unequal global trade in a way that minimizes inequalities is called fair trade. This concept aims to create a more just and equitable trading system by ensuring that producers are paid fairly for their goods, promoting sustainable production practices, and providing better working conditions for workers. Honest consumption and neoconsumption are not recognized terms commonly used in the discussion of global trade, and while equal trade may seem like a logical choice, fair trade more accurately reflects the specific goal of minimizing inequalities.

The Idea of Reorganizing Unequal Global Trade in a Way