Honest dealing in place of amusement and drama (4,4)
I believe the answer is:
fair play
'honest dealing in place' is the definition.
I can't tell whether this defines the answer.
'amusement and drama' is the wordplay.
'amusement' becomes 'fair' (fair is a kind of amusement).
'and' means one lot of letters go next to another.
'drama' becomes 'play' (synonyms).
'fair'+'play'='FAIR PLAY'
'of' acts as a link.
Can you help me to learn more?
(Other definitions for fair play that I've seen before include "Even-handedness" , "respect for the rules" , "moderately good drama" , "Just dealing" , "Equal treatment" .)