What do you infer from the passage?
Directions: Answer the question based on the following passage.
At 12 : 01 a.m. on Jan. 1, ships laden with khaki slacks and cashmere sweaters will leave the port of Hong Kong. Their destination will be the Gap, Printemps, Wal-Mart and a slew of other retail stores, eventually ending up in closets from Paris to Peoria. These textile and apparel exports will be the first to head to America and Europe in a brand-new post-quota world, envisioned some 10 years ago when the World Trade Organization ordered that clothing import quotas be abolished by 2005. In theoretical terms, that means that China, Indonesia, Pakistan and other countries that produce textiles and apparel can ship as much as they want to the United States. If companies like the Limited and Banana Republic can buy specific clothing items from the cheapest and most efficient producer, no matter where that producer happens to reside, then American consumers - who have borne part of the cost of protecting the nation's textile industry - should see a sharp reduction in the price of clothing.