End of MFA: Impact on Developing Countries



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Code : ITF0024

Year :
2005

Industry :General Business

Region : :Null

Teaching Note:Available

Structured Assignment :Available

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Abstract: The Multi-Fibre Agreement (MFA), which governed the world textile and apparel industry for over thirty years, came to an end on January 1st 2005. The end of the MFA was expected to herald the end of protectionism in the textile industry and usher in tremendous opportunities and uncertainties for the textile industries in developing countries.

Pedagogical Objectives:

  • To discuss the impact of the end of MFA on the textile industries in various countries.

    Keywords
    Multi-Fibre Agreement (MFA), Global textile and apparel industry, Developed countries, Developing countries, Textile quotas, Agreement on Textile and Clothing (ATC), International Trade & World Economy Case Study, Impact on developing countries, World Trade Organisation (WTO), Elimination of quota system, Istanbul Declarations

    Contents :
    Impact on Developing Countries
    Concerns
    Multi-Fibre Agreement (MFA) Regarding International Trade in Textiles


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