Which of the following statements is true about the expiration of the Multifiber Agreement?

Question

Quizplus · Accepted Answer

The expiration of the Multifiber Agreement is likely to benefit textile and apparel producers in China and Mexico, as they will now have increased access to global markets without the quota restrictions that were in place under the agreement. This may lead to a shift in global production and trade patterns in the textile and apparel sector. The other options (A, B, D, and E) are not accurate statements about the expiration of the Multifiber Agreement.

Which of the Following Statements Is True About the Expiration