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Dr. Who,

Transferable Import Certificates are only issued to exporters of U.S. goods who choose to pay the fees that defray all government expenses due to this trade proposal.


Importers of foreign goods cannot purchase entry for their goods with money; they must surrender transferable Import Certificates, (ICs) with “face values” covering the assessed values of their shipments into the USA; surrendered ICs are then cancelled.


All expenses, (including the proposal's behavior as an export subsidy)  are eventually passed onto U.S. purchasers of foreign goods.


This proposal is applicable to ALL goods but the goods’ assessed values are reduced by the values of any specified precious or scarce minerals integral to the goods being assessed.  The list of specified minerals would certainly include precious metals, ores, gems and petroleum.


Respectfully, Supposn


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