Assessing the Effects of the Multifibre Arrangement after Its Termination

CIGI Paper No. 93

March 8, 2016

The effects of the termination of the Multifibre Arrangement (MFA) on the trade of clothing and textiles are assessed in this paper, based on world trade date and US trade data. The findings from the data analyzed indicate that the effects of the termination of the MFA on the clothing trade was more significant for clothing than for the textiles trade. With the end of the MFA, the freer trade in these sectors shed light on other sectors that are still protected under trade agreements.

About the Authors

Daqing Yao is an associate research professor at the Institute of World Economy, Shanghai Academy of Social Sciences, China. He obtained his bachelor of engineering at Shanghai Jiaotong University and his Ph.D. in economics from Fudan University.