Rotunno, Lorenzo; Vezina, Pierre-Louis; Wang, Zheng - Centre for the Study of African Economies (CSAE), … - 2012
During the final years of the Multifiber Agreement the US imposed strict import quotas on Chinese apparel while it gave African apparel duty- and quota-free access. The combination of these policies led to a rapid but ephemeral rise of African exports. In this paper we argue that the African...