Definition of A Fair Trader / Fair Traders:
Contrasted with free trader, a fair trader is a holder of the the point of view that
one's country's government must prevent foreign companies from having
artificial advantages over domestic ones.
The term dates at least as far back as 1886 Britain, where tariffs were
recommended by one point of view expressed in a Royal Commission report "not
to countervail any natural and legitimate advantage which foreign
manufacturers may possess, but simply to prevent our own industries being
placed at an artificial disadvantage by the interference of either home or
foreign legislation...." (Carr and Taplin, p 122)
(Econterms)
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