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Bill: Free Trade Act
Details
Submitted by[?]: Pro Lodamunese Unitarian Party
Status[?]: defeated
Votes: This is an ordinary bill. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: August 4042
Description[?]:
| This is PLUP Policy on trade. Andrew Lodamun PLUP President |
Proposals
Article 1
Proposal[?] to change International trade (this is a default in the absense of a specific free trade agreement or specific trade embargo)
Old value:: The nation allows for imports, but imposes protectionist tariffs and quotas on all imports.
Current: The nation imposes reciprocal tariffs on imports, with no tariffs imposed on states which impose no tariffs on our exports.
Proposed: The nation imposes reciprocal tariffs on imports, with no tariffs imposed on states which impose no tariffs on our exports.
Debate
These messages have been posted to debate on this bill:
| Date | 07:09:27, June 09, 2016 CET | From | Grand Nationalist Fraction | To | Debating the Free Trade Act |
| Message | Mr. Speaker, I would like to know in what way this will affect our economy. If there would be a significant change, for the best, we would consider to support this proposal. Lomme Skrtel LNC |
| Date | 00:03:49, June 10, 2016 CET | From | Pro Lodamunese Unitarian Party | To | Debating the Free Trade Act |
| Message | This is why we should have reciprocal tariffs, they are established individually with different Nations. Its not a one size fits all sort of deal. It will be different, possibly, with each and every nation. A tariff is a extra tax that some nation has to pay to take something from us, and vice versa, so if we go around taxing everyone with the same, and potentially unreasonable tax, then it will make them less willing to trade with us in the future. With a reciprocal tax, we can negotiate with them the amount of tax we will charge them on their imports, and with a agreement, each nation agrees to charge us a given amount. Which would usually be about the same amount, and if we can't agree on an amount, we have to renegotiate. This is a reciprocal tariff, but there is also the possibility that there can be no tariff, tax, at all. And that will lead to the most trade with other nations, repeatedly in the future. And the more trade we do, the more money we can make. It's a win win. Andrew Lodamun PLUP President |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 17 | ||||
| no |
Total Seats: 544 | ||||
| abstain |
Total Seats: 38 |
| Random fact: Zardugal is a nation based on the old Byzantine Empire, with a modern twist and the Esperanto language. Zardugal is located on the continent of Majatra. |
| Random quote: "In America today, you can murder land for private profit. You can leave the corpse for all to see, and nobody calls the cops." - Paul Brooks |