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Import Problems and Public Policies: The U.S. Textile Industry

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Publication Date: June 1982

Publisher(s): Heritage Foundation (Washington, D.C.)

Author(s): Thomas T. Bennett; Thomas J. DiLorenzo

Topic: Manufacturing and industry (Clothing and textile industry)
Trade (Export-import trade)

Keywords: Trade and foreign aid

Type: Report

Abstract:

This study addresses two important questions related to the issue of the decline of U.S. industry as a result of increasing foreign imports: Why have American firms been losing their ability to compete with foreign firms? What are the policy alternatives? The analysis focuses on the textile industry, but the general findings are applicable to a number of industries threatened by imports from abroad.