One more very important act by Congress that helped to destroy your knowledge and information. It is the Fair Trade Act of 1975. Before that if you imported an item for $5 it could only be sold to a retailer for $10 and he could only sell it for $20. The Fair Trade Act which is still in effect allows the imported item of $5 to be wholesa…
One more very important act by Congress that helped to destroy your knowledge and information. It is the Fair Trade Act of 1975. Before that if you imported an item for $5 it could only be sold to a retailer for $10 and he could only sell it for $20. The Fair Trade Act which is still in effect allows the imported item of $5 to be wholesaled at whatever and priced for sale by the retailer at whatever price they feel they can obtain. Example: a pair of jeans brought into the country for $5 could be wholesaled for $25 and sold for $100. How do I know this is fact……through the family knew a man who did exactly that. And it is called Fair Trade. So, when cheap goods came in from China and India the consumer, completely unprotected by his own government ran to consume. Do away with the Fair Trade Act.
One more very important act by Congress that helped to destroy your knowledge and information. It is the Fair Trade Act of 1975. Before that if you imported an item for $5 it could only be sold to a retailer for $10 and he could only sell it for $20. The Fair Trade Act which is still in effect allows the imported item of $5 to be wholesaled at whatever and priced for sale by the retailer at whatever price they feel they can obtain. Example: a pair of jeans brought into the country for $5 could be wholesaled for $25 and sold for $100. How do I know this is fact……through the family knew a man who did exactly that. And it is called Fair Trade. So, when cheap goods came in from China and India the consumer, completely unprotected by his own government ran to consume. Do away with the Fair Trade Act.