Fair Trade Organisation

Regime

• A system or government in power

• A sudden change in policy

• A type of trade agreement

Infant industry protection

• A policy to support the growth of new industries

• Protection for babies in the workplace

• A form of international trade agreement

Tariffs

• Taxes on imports or exports

• Subsidies for local industries

• Regulations on environmental trade

Nurtured

• Controlled and restricted

• Allowed to grow and develop

• Provided with limited resources

Unimpeded

• Hindered or obstructed

• Not hindered or blocked

• Partially restricted

Safeguard

• Protection or measure to ensure safety

• To exploit resources without limit

• To reduce security measures

Subsidies

• Financial support or aid given by the government

• Tax imposed on imports

• A form of foreign investment

Multinational corporations

• Large companies operating in multiple countries

• Small local businesses

• Government-owned industries

Economic equality

• Equal distribution of wealth and resources

• Competition among economies

• Economic growth without fairness

Equitable

• Fair and impartial

• Unequal and biased

• Unjust and discriminatory