The Trade Partnership and the Centre for International Economics (Canberra, Australia) use a unique and comprehensive model to measure the costs to U.S. consumers and Australian exporters of the proposed phase-out of U.S. quotas under the Uruguay Round’s Agreement on Textiles and Clothing. It measures for the first time the extent to which U.S. producers of these products will face a “cliff” of protection from which they will be expected to jump in 2005, when all quotas must be removed.