Discussion should include the positive and negative effects of major domestic and international laws and regulations on the fashion industry and should emphasize the concept that government regulates business through laws to protect consumers (e.g., tariffs, duties, quotas, barriers to trade).
Process/Skill Questions:
- What are examples of agencies and initiatives that set regulatory standards for the fashion industry? How are these enforced?
- What would be an example of a product and label law designed to protect consumers? What protection do such laws offer to consumers?
- What four kinds of information must be present on the labels of all textile products sold in the United States?
- What government agency enforces most laws that protect consumers against deceptive labeling and advertising?
- How is fair trade regulated in the fashion industry?