- Joined
- Jul 22, 2009
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I’m a proponent of a proposed unilateral policy for a nation’s global trade as described by Wikipedia’s article “Import Certificates”.
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The proposal’s suitable only for enactment by nations’ that otherwise would be experiencing chronic annual trade global trade deficits of goods.
The proposal would reduce if not entirely eliminate the nation’s trade deficit of goods while increasing its GDP more than otherwise.
It’s an indirect but effective subsidy of the nation’s exported goods; its entire direct net costs would be passed on to USA purchasers of imported goods.
It’s substantially much more market rather than government driven.
The U.S. Customs Service would by law be enabled to approximate value of goods within the USA and expressed in U.S. dollars and complying with federal guidelines that are annually reviewed and then (updated if necessary).
Annual trade deficits are immediate drags upon their nation's GDPs and consequentially drag upon their nation's numbers of jobs, employment incomes and wage-rates.
Respectfully, Supposn
.
The proposal’s suitable only for enactment by nations’ that otherwise would be experiencing chronic annual trade global trade deficits of goods.
The proposal would reduce if not entirely eliminate the nation’s trade deficit of goods while increasing its GDP more than otherwise.
It’s an indirect but effective subsidy of the nation’s exported goods; its entire direct net costs would be passed on to USA purchasers of imported goods.
It’s substantially much more market rather than government driven.
The U.S. Customs Service would by law be enabled to approximate value of goods within the USA and expressed in U.S. dollars and complying with federal guidelines that are annually reviewed and then (updated if necessary).
Annual trade deficits are immediate drags upon their nation's GDPs and consequentially drag upon their nation's numbers of jobs, employment incomes and wage-rates.
Respectfully, Supposn