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The true cost of cheap clothes

18.07.2012

Last week United States Senators expressed dismay and outrage to learn that the uniforms for American Olympians were produced in China. But this is not new. For years unrestrained globalization has seen textile and clothing multinationals race to the bottom in the search for cheaper and cheaper production.

The end of the Multi Fibre trade agreement saw the volume of textile imports to the US from China more than double from 2004 to 2011. The phasing out of quota arrangements has led to the loss of millions of textile and garment jobs in industrialized and developing countries alike. 

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