What are the definitions of trade and fair trade, and what is the difference between them?

I've received the image again. Let's review your handwritten answers for questions 1 and 2.

For question 1, your handwritten answer "is the exchange of goods and services" is ✅ Partially Correct. It captures the core idea, but a full definition of trade specifies that this exchange occurs between two or more parties.

For question 2, your handwritten note "more parties, ofecin" is ❌ Incorrect. This is too incomplete to differentiate between fair and unfair trade. Fair trade ensures ethical treatment and fair prices for producers, while unfair trade involves exploitation.