StudentShare solutions
Triangle menu
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Multifibre Agreement - Case Study Example

Nobody downloaded yet
1966: June
The United Kingdom implements a global quota scheme in violation of the LTA. (The LTA provides only for product-specific restraints.)
1967: April
Agreement is reached to extend the LTA for three years.
1969-71
The United States negotiates VERs with Asian suppliers on wool and man-made fibres.
1970: October
Agreement is reached to extend the LTA for three years. (It was later extended an additional three months to fill the gap until the MFA came into effect.)
1973: December
It is agreed that the MFA will begin on January 1, 1974, and last for four years.
1977: July-December
The European Economic Community and the United States negotiate bilateral agreements with developing countries prior to agreeing to extension of the MFA.
1977: December
The MFA is extended for four years.
1981: December
The MFA is renewed for five years. The United States, under pressure from increased imports resulting from dollar appreciation, negotiates tough quotas.
1986: July
The MFA is extended for five years, to conclude with Uruguay Round.
1991: July
The MFA is extended pending the outcome of the Uruguay Round negotiations.
1993: December
The Uruguay Round (UR) draft final act provides for a 10-year phase-out of all MFA and other quotas on textiles in ATC. MFA extended until UR comes into force.
1995: January
1 1st ATC tranche liberalised by importing countries - 16% of 1990 import volume.
1998: January
1 2nd ATC tranche liberalized by importing countries - 17% of 1990 import volume.
2002: January
1 3rd ATC tranche liberalised by importing countries - 18% of 1990 import volume.
2005: January
1 4th ATC tranche liberalised by importing countries - 49% of...
The nineteenth century saw the beginning of the formation of unions, for the purpose of protecting the rights of the citizens. From then on, as each country gained freedom from colonial rule, it started to go in for organized employment and trade activities. There are unions and associations for employment, for domestic trade activities and international trade activities. To protect the rights of its people, some countries have agreed and signed pacts on the quantity of each commodity that can be imported or exported into a country.
Before we embark on a detailed analysis of the Multifibre agreement and its impact on international trade, let us have a look into the actions and agreements that were made before the Multifibre agreement came into force.
Source: Based on D. Spinanger, "Faking Liberalization and Finagling Protectionism: The ATC at Its Best", Background Paper for the WTO 2000 Negotiations: Mediterranean Interests and Perspectives, Cairo.
The textile and clothing industry is one which has constantly increasing trade flows all over the world. Globalization and liberalization had exposed the European Union industry to increased competition from a large number of low-labor cost countries (especially from Asia).This sector constitutes one of the most important sources of income and employment for various countries in Asia, esp. ...Show more
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Multifibre Agreement Case Study Example | Topics and Well Written Essays - 2250 words”, n.d.)
Retrieved from https://studentshare.net/politics/298287-multifibre-agreement
(Multifibre Agreement Case Study Example | Topics and Well Written Essays - 2250 Words)
https://studentshare.net/politics/298287-multifibre-agreement.
“Multifibre Agreement Case Study Example | Topics and Well Written Essays - 2250 Words”, n.d. https://studentshare.net/politics/298287-multifibre-agreement.
  • Cited: 0 times

Summary

All countries in the world are dependent on trade and import and export of goods to fulfill the needs of their citizens. While one country might have a plentiful of one kind of resources, another country might be facing a shortage of the same, leading to the need for importing that particular good or service…
Multifibre Agreement
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the case study on your topic
"Multifibre Agreement"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Working Agreement
This is contributed by her family and the society at large. This psychological stress also causes biological issues and stress. Social stress is caused by the family and the society at large, pressurizing her to behave in a different way from what is normal to her.
5 pages (1250 words) Case Study
Oslo Agreement of 1993
Up to and including the 1991 Gulf War, the regional environment was largely shaped by fears of interstate aggression, either by superpower intervention or by regional states against each other. Fears of interstate aggression certainly remain today, but they are manifesting themselves in new ways.
10 pages (2500 words) Case Study
Libby-Broadway Drive-In, Inc. v. McDonalds System, Inc
The area was described as "bound on the north by the south side of Miles Avenue, on the west and south side by Turney Road, on the east by Warrensville Center Road." In December 1976, McDonald's granted a franchise to another franchisee to operate a McDonald's restaurant on the west side of Turney Road.
2 pages (500 words) Case Study
Contracts Covered by the Statute of Frauds
(hereinafter referred to as "Lower Case"), in the amount of $2,500.00 at a rate of $250.00 per month on account # 9000988810. Payments by Promisor shall be paid to Lower Case on or before the first day of each month at 540 North South Street, Delinquent, TX 76555.
6 pages (1500 words) Case Study
Partnership Agreement
Any increase or decrease in the value of the partnership on any valuation date shall be credited or debited, respectively, to each partner's capital account in proportion to the sum of all partner capital accounts on that date. 8. Management. Each partner is shall participate in the management and conduct of the affairs of the partnership in proportion to the value of his/her capital account.
4 pages (1000 words) Case Study
Hypothetical Case Analysis (Contract Agreement)
Thus, in the problem at hand, Eddie proposes the promise of selling his computer to Wally in exchange for the payment, the specific performance of the offeree, by the latter of the sum of $1,500. An offer in itself
3 pages (750 words) Case Study
In consultation
All the verbally agreed terms and conditions will be included in the final written agreement in order to avoid future conflicts between the parties. No court would consider the verbal evidences seriously unless it is supported or
4 pages (1000 words) Case Study
Design an Adoption Agreement
ise eligible to participate under the conditions of the plan commences participation no later than the earlier of be the first day of the Plan Year and the first day of the 7th month of the Plan (Heneghan et al,2007). C. An amount equal to a percentage of the Contributing
1 pages (250 words) Case Study
Collective bargaining agreement case study
In terms of vacations and holidays, Andover has better terms that point out the specific periods set for holidays. The workload of Greenfield School is more elaborate, considering a
1 pages (250 words) Case Study
Case Study
These requirements include an offer, an acceptance, consideration and intention for the parties to be legally bound or form an agreement enforceable by the law (Graw B & Graw S, 2008). In this case, the issue
6 pages (1500 words) Case Study
Comments (0)
Click to create a comment
Let us find you another Case Study on topic Multifibre Agreement for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us