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THE CASE AGAINST "VOLUNTARY" QUOTAS

"Voluntary" quotas usually are controls by foreign governments

on their own exports. There are, of course, variations of this technique

for limiting U. S. imports, but the general pattern is that the U. S.

.convinces a foreign entity to limit its own exports to the U. S. market.

In essence, however, "voluntary" quotas are as harmful as legislated ones

and though their effects may be hidden they nonetheless occur.

The Nixon Administration now proposes to negotiate an extension

of the existing international Long Term Cotton Textile Arrangement to cover

both man-made and wool textiles. This will require a difficult negotia-

tion with foreign governments. The very attempt at such a negotiation

will be harmful to the commercial and political interests of the United

States, for these reasons.

1

First, the textile industry has a poor economic case for addi-

tional import protection. Thus the U. S. plans to approach foreign

textile exporting countries with a very weak economic basis for negotia-

-tion (see attached textile industry economic data). Controls on man-made

fiber imports would benefit the giants of the textile industry and the

small group of giant chemical companies which produce the bulk of U. s.

man-made fibers, rather than marginal textile producers who might have

real import problems.

Second, the White House attitude is that wool and man-made fiber

imports are essentially an Asian problem, therefore a question of a

simple negotiation with somewhat "inferior powers. This is not the

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.case. The European countries account for about 34% of U. S. imports of

The European share has been increasing fast

man-made fiber manufactures.

while the Japanese share has been decreasing. In wool, the United Kingdom

and Italy supply 35% of U. S. imports.

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