Kingdom imported shirts now account for 40 per
cent of consumption.. We do not have figures for
United Kingdom production of sweaters, but per
capita imports are a good deal higher than
in the United States and we suspect that import
penetration is correspondingly higher.
Canadians, Swedes and Australians have also been
The
suffering from foreign competition in the case
others
of shirts. The fact that have problems
of
does not solve yours, but it does explain why
other developed countries have shown no
enthusiasm for a solution which appears to
some of them rather like building a rolling mill
The re
to crack one or two very hard nuts.
are
seen to be/other and less damaging ways of dealing with the problem in an internationally
agreed basis.
The fears which have been expressed in the
United States about the rate of growth are
understandable, but it seems to us that the figures are less awe-inspiring if cotton and man-made fibre products are taken together and
a comparison is made between 1966 and 1968. Mangover, the
increase in United States imports in thé
first three months of this year was nothing
like as great as the increase in the first three
months of last year. The small and medium
Bized firms in the cotton sector no doubt feel
that a reduction in imports would guarantee
them a future, but this is surely an illution
/if we are
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