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A primer on the MFA maze (English)

It is generally agreed that the arrangements that have regulated trade in textiles and clothing have slowed the natural shift in comparative advantage from industrial countries to developing countries. But there is quite a bit of disagreement about how restrictive the Multi-Fibre Agreements (MFA) are. The authors address the potential sources of allocative inefficiency occasioned by the MFA and search for evidence that the MFA has indeed led to such...
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Citation

Faini, Riccardo; de Melo, Jaime; Takacs, Wendy.

A primer on the MFA maze (English). Policy, Research working papers ; no. WPS 1088. Trade policy Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/832331468782114101

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