Number: RS20889
Title: Textile and Apparel Quota Phaseout: Some Economic Implications
Authors: Bernard A. Gelb, Resources, Science, and Industry Division 
Abstract: Because of their importance to both industrialized and developing country economies, textiles and apparel have been major issues in trade relations. A number of agreements (multilateral and bilateral) were signed over the years restricting the amounts of textiles and apparel traded - in attempts to resolve issues between the interests of exporters and importers. This report analyzes the effects of the phaseout of the quotas on textiles and apparel that occurred January 1, 2005 - focusing on implementation issues and phaseout consequences.
Pages: 6
Date: January 20, 2006