Cusak

Definition

The Cusak Agreement is a hypothetical international treaty aimed at promoting sustainable economic development and equity in trade practices among signatory countries from the early 2000s. It focuses on addressing economic disparities, environmental protection, and ensuring fair labor standards across nations.

Related terms

Sustainable Development:

A developmental approach that meets the needs of the present without compromising the ability of future generations to meet their own needs.

Fair Trade: Trade between companies in developed countries and producers in developing countries in which fair prices are paid to the producers.

Economic Disparity: The difference in wealth and resources between countries or within regions of a country, often leading to varying standards of living among populations