The longstanding arrangement for regulating the flow of imports of textiles and apparel Into developed countries from developing countries was known as __________.

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The Multi-Fiber Arrangement (MFA) was a longstanding arrangement that regulated the flow of imports of textiles and apparel into developed countries from developing countries. The MFA expired in 2005 and was replaced by the Agreement on Textiles and Clothing (ATC). Choice A, the Generalized System of Preferences, is a different trade agreement that involves granting preferential tariffs to developing countries. Choice C, "fast-track" agreement, is not related to textile and apparel trade. Choice D, outsourcing/offshoring agreement, is also not related to textile and apparel trade but refers to the practice of relocating business operations to foreign countries to take advantage of lower labor costs.

The Longstanding Arrangement for Regulating the Flow of Imports of Textiles