Worldwide Textile Industry
Scope and Content Note: All developed countries now complain of imports and multinational corporations. This does not necessarily mean the industry is overproducing; there may, however, be a problem of underconsumption. One of the first industries to be built in a developing nation is textiles; but these countries do not have enough demand at home for textiles, so they must export. Japanese textile imports are no longer a problem; now the Japanese complain of imports.