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USA goods could compete with marginally under-priced products of low-wage nations.
The proposed transferable Import Certificate for USA’s global trade would enable USA goods to compete with many marginally under-priced products of low-wage nations.
The certificates’ global open market prices per U.S. dollar of face values determine the extent of the policies almost direct effect upon prices of foreign goods sold to USA purchasers and the indirect subsidy effect upon prices of USA products sold to foreign purchasers.
USA exporters that request their goods to be assessed must also agree to pay the federal fees that are intended to defray entire federal direct expenses due to the USA unilateral substantially market driven Import Certificate policy. Exporters of USA goods would be motivated to profit from acquiring the valuable transferable certificates that are issued by the U.S. Treasury Department.
The U.S. Congressional Budget Office would annually monitor and advise congress as to the fee rate per assessed dollar value that would be appropriate to defray all direct federal expenditures due to the Import Certificate policy.
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Certificates expected price behavior in global competitive markets:
The federal fees are passed onto USA purchasers of foreign goods and that’s the reasonably expected minimum rate of the certificates’ global prices.
If USA consumers balk at paying any more for foreign goods, that would limit the maximum rate of certificates’ global prices.
If the certificates’ global price rates should be insufficient, exporters of USA goods would not trouble to deal with them and fewer certificates will be issued.
If issued certificates do not satisfy USA consumers effective demands for foreign goods, the shortfall would increase the global certificate markets' rates prices. But additionally the law could be drafted as to provide for congressional executive agreements to interrupt the enactment of this trade policy because there are no longer any reasonable expectations for chronic annual USA trade deficits. The Import Certificate laws and regulations can still remain “on the books”.
Refer to Wikipedia’s article entitled “Import Certificates”
And
To the paragraphs entitled “Trade Balances' effects upon their nation’s GDP” within Wikipedia's article “Balance of trade”.
Respectfully Supposn
The proposed transferable Import Certificate for USA’s global trade would enable USA goods to compete with many marginally under-priced products of low-wage nations.
The certificates’ global open market prices per U.S. dollar of face values determine the extent of the policies almost direct effect upon prices of foreign goods sold to USA purchasers and the indirect subsidy effect upon prices of USA products sold to foreign purchasers.
USA exporters that request their goods to be assessed must also agree to pay the federal fees that are intended to defray entire federal direct expenses due to the USA unilateral substantially market driven Import Certificate policy. Exporters of USA goods would be motivated to profit from acquiring the valuable transferable certificates that are issued by the U.S. Treasury Department.
The U.S. Congressional Budget Office would annually monitor and advise congress as to the fee rate per assessed dollar value that would be appropriate to defray all direct federal expenditures due to the Import Certificate policy.
//////////////////////////////////////
Certificates expected price behavior in global competitive markets:
The federal fees are passed onto USA purchasers of foreign goods and that’s the reasonably expected minimum rate of the certificates’ global prices.
If USA consumers balk at paying any more for foreign goods, that would limit the maximum rate of certificates’ global prices.
If the certificates’ global price rates should be insufficient, exporters of USA goods would not trouble to deal with them and fewer certificates will be issued.
If issued certificates do not satisfy USA consumers effective demands for foreign goods, the shortfall would increase the global certificate markets' rates prices. But additionally the law could be drafted as to provide for congressional executive agreements to interrupt the enactment of this trade policy because there are no longer any reasonable expectations for chronic annual USA trade deficits. The Import Certificate laws and regulations can still remain “on the books”.
Refer to Wikipedia’s article entitled “Import Certificates”
And
To the paragraphs entitled “Trade Balances' effects upon their nation’s GDP” within Wikipedia's article “Balance of trade”.
Respectfully Supposn