12639. GLOBAL PRODUCTION AND TRADE IN TEXTILES. This paper provides a survey overview of the world textile industry and of international trade in textiles and apparels. Following an overview of the basic structure of the industry and a discussion of recent trends, the analysis looks more closely at the changing composition of international textile trade. Also included is a close focus on the recent changes in textile trade regulation, including phase-out of the Multi-fiber Arrangement (MFA) and the implementation of the WTO's Agreement on Textiles and Clothing (ATC), and the related conflicts between the developed nation importers and the developing country exporters. 13 pages, 72 footnotes, 31 bibliographic sources.