ADJUSTING TO THE MFA PHASE-OUT, The Case of the Turkish Textile and Clothing Industry
The end of the Multi-Fiber Agreement in January 2005 meant that quantitative restrictions within the textile and clothing industry were to be abolished. Quantitative restrictions had been used on the export of goods from low-wage countries which threatened producers in developed countries. With the end of the MFA the world market is significantly more accessible for textile and clothing producers
