Business Law Practice Test

The principle of fair trade regarding labor practices emphasizes that only goods produced under fair labor conditions should be allowed to enter the market. This means that the production process must respect and uphold the rights of workers, ensuring fair wages, safe working conditions, and the absence of exploitative practices. By stating that only goods produced with fair labor practices can enter the market, this option aligns directly with the goals of fair trade, which seeks to promote ethical consumerism and responsible sourcing.

This option reinforces the idea that consumers should be able to support and purchase products that not only meet their needs but also reflect their values concerning human rights and fair treatment of workers. This principle aims to create a market where ethical labor practices are rewarded, thus encouraging businesses to adopt humane working conditions throughout their supply chains.