Trade Restrictions and Hong Kongs Textiles and Clothing Industry Harvard Case Solution & Analysis

Since 1974, the textiles (MFA) was a systematic means for countries to limit imports of textiles and clothing from developing countries that do not comply with the rules of GATT / WTO. In 1994, however, the Agreement on Textiles and Clothing was signed, the appointment of 10-year-old progressive failure of the Foreign Ministry and the integration of the GATT 1994 rules. By the end of 2004 to complete phase MFA 1 January 2005 revived the debate between protectionists and free trade advocates. At the same time, companies in Hong Kong, one of the world's largest textile and clothing exporting countries, are ready for change. "Hide
by Ka-Fu Wong, Richard Wong, Andrew Lee Source: University of Hong Kong, 22 pages. Publication Date: January 31, 2005. Prod. #: HKU383-PDF-ENG

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