The oldest orderly marketing arrangement, which was disbanded through the WTO, is the:

Question

Quizplus · Accepted Answer

The Multi-Fiber Agreement (MFA) was a global arrangement that governed the international trade in textiles and garments. It was in effect from 1974 until it was disbanded through the establishment of the World Trade Organization (WTO) in 1995. The MFA provided for quotas on imports of textiles and garments from developing countries to developed countries, and was designed to protect the textile and garment industries in developed countries from competition from lower-cost producers in developing countries.

The Oldest Orderly Marketing Arrangement, Which Was Disbanded Through the WTO