Very interesting paper by James Harrigan and Geoffrey Barrows at NBER which quantifies the benefit to the United States of ending the Multi Fiber Agreement (which had regulated the global textile trade), and which was ended as part of the Uruguay Round.
The paper finds that this change in trade policy was worth approximately $12 billion a year to American consumers.
That is in addition to the benefits to many people in China, India, Pakistan and Bangladesh, who are now better able to earn a living producing and exporting goods to to the United States. (The paper does not seek to quantify these benefits).
Via Trade Diversion