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Impacts of Multi-Fiber Arrangement Removal on Global Textile and Cotton Trade AgEcon
Xia, Doris Yan.
Textiles and apparel trade has been governed by the Multi-Fiber Arrangement (MFA) for three decades. Trade restrictions have generated substantial welfare losses and price wedges in exporting and importing countries through trade distortions. Beginning in 1995, textiles and apparel trade underwent fundamental changes. MFA quota will be removed by Jan 2005 according to World Trade Organization's Agreement on Textiles and Clothing (ATC). This study established an equilibrium displacement model to investigate the impact on textile and cotton sectors of different countries and country-groups of removing the MFA quota. The model specifies the basic linkages of textile and cotton markets in the United States, China and three other country-groups. With...
Tipo: Conference Paper or Presentation Palavras-chave: Multi-fiber Arrangement; Textile; Apparel; Equilibrium Displacement Model; International Relations/Trade.
Ano: 2005 URL: http://purl.umn.edu/19453
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