Could be, Blake, it sounds good to me.... I can't remember under what
context I originally raised the question, to be honest!!!
Thx.... Dan
--- Bullwinkle <yd3@nvc.net> wrote:
> Dan:
>
> I am no authority, but the original reference was in regard
> to a trade embargo I thought. I thought a trade embargo
> controlled the quantity of items being imported or even
> prevented their importation. Quotas in other words.
>
> A duty is a tax. Originally most of them were created for
> revenue purposes. From what I recall of my history, that's
> how the US got most of its income before the personal income
> tax. Now day's the primary purpose of a duty has been as a
> protection for U.S. manufactures against cheaper foreign
> goods.
>
> Blake
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