OECD Trade Policy Papers
This series is designed to make available to a wider readership selected trade policy studies prepared for use within the OECD.
NB. No. 1 to No. 139 were released under the previous series title OECD Trade Policy Working Papers.
- ISSN: 18166873 (online)
- https://doi.org/10.1787/18166873
Economic Impacts of the Phase-Out in 2005 of Quantitative Restrictions under the Agreement on Textiles and Clothing
This paper discusses the economic impacts of the phase-out of the Multi-Fibre Arrangement (MFA),
which was provided for under the 1994 Agreement on Textiles and Clothing (ATC). It presents an
overview of the integration process of textile and clothing products into the GATT, takes stock of the most recent changes in the global textile and clothing (T&C) markets, and analyses some major economic impacts and strategies adopted by producers in OECD and non-OECD countries to survive in the post-MFA global competitive arena.
Keywords: vertical differentiation, Agreement on Textiles and Clothing (ATC), quotas, Multi-Fibre Arrangement (MFA), price competition, clothing, quality competition, trade, adjustment, horizontal differentiation, textiles
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