Advantages And Disadvantages Of Apparel Industry
Internationally, the apparel industry has defied a lot of odds. Clothes and clothing items are produced for consumption in the global market for all countries. Clothes are produced in factories that are clustered around a seaport or free trade or industrial zones and factories spread around inland capital cities, as well as sent to the nearest ports through containers. In those countries which enjoy preferential or free trade relations in their markets, apparel industry is thriving (Marlon, Webber, and Dagher 163).
The international apparel industry is going through the process of tremendous consolidation, especially after the elimination of multilateral quotas on apparel and textile trade in 2005. This resulted in the coming to halt of production in far flunk areas such as Saipan and Namibia, and also the
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International economies have rewritten all rules of trade, which include the elimination of quotas on apparel and textile products, spawned preferential arrangement as well as free trade agreements across geopolitical partnerships. Haiti is not exceptional on these trade arrangements while at the same time not immune to global supply chain (Hornbeck 19).
Advantages and Disadvantages of Sourcing Apparel from Haiti
The following are the advantages of sourcing for apparel from Haiti: cheap labor costs, growing capacity, cheap labor to the US market, strong relationship with the US importers and retailers, significant support from the government of the USA, and availability of preferential treatment. On the other hand, the disadvantages are: donor fatigue, overreliance on preference products, risk in timely deliveries, national instability (although, mostly in Port-au-Prince – not in the booming North), as well as preconceived notion of American retailers and traders.
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