Multi-Fiber Arrangement

The Multi-Fiber Arrangement appears in Getting entrepreneurial in Korea (Summer School) as the 1974 quota regime that limited how much clothing and textiles each country could sell to the United States. The source says Korean firms had already hit their export limits, which made producing through Bangladesh attractive.

In this source, the arrangement is an unintended Textile Knowledge Transfer mechanism. A trade restriction meant to protect U.S. textile jobs helped push garment production and know-how from South Korea into Bangladesh through Daewoo, Abdul Majid Chowdhury, and Desh Garments.

Connections

• United States, South Korea, and Bangladesh - trade-policy geography.
• Daewoo, Abdul Majid Chowdhury, and Desh Garments - firms and entrepreneur in the transfer chain.
• Textile Knowledge Transfer and Flying Geese Model - concepts the quota regime activates in the source.