Third. we continue the foreign aid policies that have brought on the crisis. I do not think we have been pursuing a wise policy and it is time to take positive corrective action to restore or help restore an active and vigorous domestic textile industry. There are a number of proposed solutions to this undoubted problem. but it is my belief that the only realistic solution to the problem is an import quota system imposed on a countrybycountry basis. Our export trade can hardly be hurt because all major exporters of textile goods are now using the quota method. Japan.
Keywords matched
quota system