antagon
The Man
- Dec 6, 2009
- 3,572
- 295
- 48
goods leaving the USA would be assessed and transferable IMPORT certificates for their assessed value would be issued to the exporter.
Importers would be required to surrender transferable IMPORT certificates for the assessed value of their goods entering the USA. Surrendered certificates are cancelled.
this is a system?
apart from the ambiguity of what is being proposed, the only value-added way to reduce the trade deficit is to export more.