Author Question: When the former Soviet Union opened its markets to foreign products, designer jeans from the United ... (Read 78 times)

lak · **on:** Sep 11, 2018

When the former Soviet Union opened its markets to foreign products, designer jeans from the United States were some of the most desired products. The role of fashion changed in the country as its citizens created demand for these products as opposed to the economic decisions of a Planned/Command economy in which the availability and production of fashion apparel is based on:

a. Wants and needs c. Market availability
b. Needs and necessity d. Government decisions

Question 2

Identify 3 minor foreign fashion markets and how the trade agreements with the U.S. have contributed to the growth in these markets. Thoroughly discuss characteristics of the market and products for which the market is best known.

What will be an ideal response?

mirabriestensky · **Reply #1 on:** Sep 11, 2018

Answer to Question 1

d

Answer to Question 2

Students may discuss any of the agreements such as NAFTA, CAFTA-DR, Peru Trade Promotion
Agreement, Chile Free Trade Agreement, Australia Free Trade Agreement, USSFTA, Oman Free
Trade Agreement, Bahrain Free Trade Agreement, Israel FTA, Jordan FTA, Morrocco FTA, included
should be duty free information, yarn forward standards, preferential tariff rates, de minimis etc.