What is the major event in 2005 that would affect our garments sector significantly ?

A Cheaper raw material for Bangladesh
B Introduction of export duty
C Quota free market
D Increase in export duty

Correct Answer: Quota free market

The textile and clothing industries provide a single source of growth in Bangladesh's rapidly developing economy. Exports of textiles and garments are the principal source of foreign exchange earnings. By 2002 exports of textiles, clothing, and ready - made garments (RMG) accounted for 77% of Bangladesh's total merchandise exports.
Bissoy MCQ

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______________global economic recession, we may lose our global market of readymade garments

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