Was shift to free trade regime in the textile industry good

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Reference no: EM13845674

1. From an economic perspective, was the shift to a free trade regime in the textile industry good for Bangladesh?

2. Economically who benefits when retailers in Europe and the United States source textiles from low-wage countries such as Bangladesh? Who might lose? Do the gains outweigh the losses?

3. What were the causes of the weak safety record of the Bangladesh garment industry? Do Western companies that import garments from Bangladesh bear any responsibility for what happened at the Rana Plaza and other workplace accidents?

4. Do you think the legally binding agreement signed by H&M, Zara, Tesco and other will make a difference? Does it go far enough? What else might be done?

5. What do you think about Walt Disney's decision not to purchase merchandise from Bangladesh? Is this and appropriate way of dealing with the problem?

6. What do you think of Walmart's approach to this? Is the company doing enough? What else could it do?

Reference no: EM13845674

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