
Fairplay
Fairplay is a principle from the World Trade Organization that promotes equal opportunity for countries to participate in international trade. It ensures that nations abide by agreed rules, preventing unfair advantages like subsidies or dumping products at below-cost prices. By encouraging transparency and fairness, Fairplay aims to create a balanced trading environment where all countries can compete fairly, leading to stability and mutual benefit in global commerce. Ultimately, it fosters trust and cooperation among nations, helping to prevent trade disputes and support sustainable economic growth.