The historic GATT-Uruguay Round Agreement was signed in April 1994 after years of difficult negotiations. Although the textile and clothing sector was not included, a separate agreement, the Agreement on Textiles and Clothing (ATC) was also signed, with the specific purpose of dismantling the...

This article compares how eliminating the U.S. cotton subsidy program and the Chinese cotton tariff-rate quota (TRQ) would affect the world cotton market. The results show China's TRQ has a greater negative impact on the world cotton market than do U.S. subsidies. Compared to a base-level...

This document is the technical annex to the full paper "Assessing the Impacts of the Chinese TRQ System and U.S. Subsidies on the World Cotton Market" which is available separately.