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Multi Fibre Arrangement

Index Multi Fibre Arrangement

The Multi Fibre Arrangement (MFA) governed the world trade in textiles and garments from 1974 through 2004, imposing quotas on the amount developing countries could export to developed countries. [1]

28 relations: Bangladesh, BBC News Online, China, Comparative advantage, Decolonization, Developed country, Developing country, Dollars & Sense, European Union, Export, General Agreement on Tariffs and Trade, Geneva, Greece, India, Industrial Revolution, International Monetary Fund, Khadi, Mahatma Gandhi, Outward Processing Arrangement, Portugal, Quota Elimination, Swadeshi movement, Textile, The New York Times, Tony Blair, Uruguay Round, World Bank, World Trade Organization.

Bangladesh

Bangladesh (বাংলাদেশ, lit. "The country of Bengal"), officially the People's Republic of Bangladesh (গণপ্রজাতন্ত্রী বাংলাদেশ), is a country in South Asia.

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BBC News Online

BBC News Online is the website of BBC News, the division of the BBC responsible for newsgathering and production.

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China

China, officially the People's Republic of China (PRC), is a unitary one-party sovereign state in East Asia and the world's most populous country, with a population of around /1e9 round 3 billion.

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Comparative advantage

The law or principle of comparative advantage holds that under free trade, an agent will produce more of and consume less of a good for which they have a comparative advantage.

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Decolonization

Decolonization (American English) or decolonisation (British English) is the undoing of colonialism: where a nation establishes and maintains its domination over one or more other territories.

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Developed country

A developed country, industrialized country, more developed country, or "more economically developed country" (MEDC), is a sovereign state that has a highly developed economy and advanced technological infrastructure relative to other less industrialized nations.

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Developing country

A developing country (or a low and middle income country (LMIC), less developed country, less economically developed country (LEDC), underdeveloped country) is a country with a less developed industrial base and a low Human Development Index (HDI) relative to other countries.

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Dollars & Sense

Dollars & Sense is a magazine focusing on economics from a progressive perspective, published by Dollars & Sense, Inc, which also publishes textbooks in the same genre.

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European Union

The European Union (EU) is a political and economic union of EUnum member states that are located primarily in Europe.

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Export

The term export means sending of goods or services produced in one country to another country.

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General Agreement on Tariffs and Trade

General Agreement on Tariffs and Trade (GATT) was a legal agreement between many countries, whose overall purpose was to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas.

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Geneva

Geneva (Genève, Genèva, Genf, Ginevra, Genevra) is the second-most populous city in Switzerland (after Zürich) and the most populous city of the Romandy, the French-speaking part of Switzerland.

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Greece

No description.

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India

India (IAST), also called the Republic of India (IAST), is a country in South Asia.

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Industrial Revolution

The Industrial Revolution was the transition to new manufacturing processes in the period from about 1760 to sometime between 1820 and 1840.

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International Monetary Fund

The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., consisting of "189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1945 at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international payment system.

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Khadi

Khadi (IAST) or khaddar is handspun, hand-woven natural fiber cloth from India, Bangladesh and Pakistan mainly made out of cotton.

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Mahatma Gandhi

Mohandas Karamchand Gandhi (2 October 1869 – 30 January 1948) was an Indian activist who was the leader of the Indian independence movement against British rule.

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Outward Processing Arrangement

The Outward Processing Arrangement (OPA) concerns the textile industry in Hong Kong and the People's Republic of China.

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Portugal

Portugal, officially the Portuguese Republic (República Portuguesa),In recognized minority languages of Portugal: Portugal is the oldest state in the Iberian Peninsula and one of the oldest in Europe, its territory having been continuously settled, invaded and fought over since prehistoric times.

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Quota Elimination

Quota Elimination is an initiative to eliminate the use of quotas in all textile and clothing trade between nations which are members of the World Trade Organization (WTO).

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Swadeshi movement

The Swadeshi movement, part of the Indian independence movement and the developing Indian nationalism, was an economic strategy aimed at removing the British Empire from power and improving economic conditions in India by following the principles of swadeshi and which had some success.

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Textile

A textile is a flexible material consisting of a network of natural or artificial fibres (yarn or thread).

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The New York Times

The New York Times (sometimes abbreviated as The NYT or The Times) is an American newspaper based in New York City with worldwide influence and readership.

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Tony Blair

Anthony Charles Lynton Blair (born 6 May 1953) is a British politician who served as Prime Minister of the United Kingdom from 1997 to 2007 and Leader of the Labour Party from 1994 to 2007.

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Uruguay Round

The Uruguay Round was the 8th round of multilateral trade negotiations (MTN) conducted within the framework of the General Agreement on Tariffs and Trade (GATT), spanning from 1986 to 1994 and embracing 123 countries as "contracting parties".

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World Bank

The World Bank (Banque mondiale) is an international financial institution that provides loans to countries of the world for capital projects.

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World Trade Organization

The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade.

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Redirects here:

Bra war, Bra wars, Long-Term Arrangement regarding International Trade in Cotton Textiles, Multi Fiber Arrangement, Multi Fibre Agreement, Multi-Fiber Agreement, Short-Term Arrangements regarding International Trade in Cotton Textiles.

References

[1] https://en.wikipedia.org/wiki/Multi_Fibre_Arrangement

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