【摘 要】
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With Multi-Fiber Arrangement (MFA) eliminated on Dec 31, 2004, the debates and concerns on the trade of textile and apparel have been growing. The objective of
【机 构】
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Centre for Chinese Agricultural Policy,College of Economics and Trade,International Business Institu
论文部分内容阅读
With Multi-Fiber Arrangement (MFA) eliminated on Dec 31, 2004, the debates and concerns on the trade of textile and apparel have been growing. The objective of this study is to examine the impacts of alternative policies on China and World economy after canceling MFA. Based on a general equilibrium model of the Global Trade Analysis Project (GTAP), study shows that China and World will significantly benefit from further trade liberalization.However, if USA, EU and Canada converted to TBT to restrict import, the gains from eliminating MFA would be largely offset. Based on our analysis, some policy implications are discussed.
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