Definition: Meaning of, fair-trade agreement in English to English dictionary.
Pronunciation:/ fɛː treɪd əˈɡriːm(ə)nt /
noun
synonym
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Word Forms:
Singular
Plural
fair-trade agreement
fair-trade agreements
illegal in the United States an agreement between the manufacturer of a trademarked item of merchandise and its retail distributors to sell the item at a price at or above the price set by the manufacturer