Author Question: As of January 1, 2005, quotas on textile and apparel products have been completely abolished in the ... (Read 46 times)

elizabeth18 · **on:** Sep 11, 2018

As of January 1, 2005, quotas on textile and apparel products have been completely abolished in the world.

a. True
b. False

Indicate whether the statement is true or false

Question 2

If an absolute quota for women's cotton knitted shirts is embargoed out of Bangladesh as of September 1, 2011, it means..

a. Factories in Bangladesh cannot export such products to the United States during the rest of the year of 2011.
b. Factories in Bangladesh could purchase additional quota from September 2 to December 31, 2011 and still export them to the United States.
c. Factories in Bangladesh must pay higher duties to the U.S. Customs for any shipments made after September 2, 2011
d. Factories in Bangladesh still can export such products to the United States.