Liberal opinion holds that the international monetary and financial system is a device for promoting…
The Chinese Bogeyman in US Clothing C.P. Chandrasekhar and Jayati Ghosh
Barely four months after the end of quotas under the MFA, winds of protectionism are sweeping through the US and Europe. Pointing at China once more, governments are threatening to clamp down on imports on grounds of market disruption. In this paper, the authors examine recent trends in the US textile trade to unravel the source of conflict.
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