Explain exploitation and evaluate the statement: "Fair trade happens when countries agree to buy goods at a satisfactory price."

Exploitation refers to the act of treating someone unfairly in order to benefit from their work or resources, often by paying them low wages or providing poor working conditions.

The statement "Fair trade happens when countries agree to buy goods at a satisfactory price" is TRUE. Fair trade ensures that producers, especially in developing countries, receive a fair and satisfactory price for their products, which covers their costs and allows for investment in their communities.