Nightcap said:
If it worked as it should the potential for huge tariff profits would drop because your POPS would go bankrupt.
Well, as Rafiki said, the impact should be increased prices paid by POPs. Having just read the "meeting POPs needs" section in VickyWiki, I wonder if the problem is that the price paid by a pop is paid given it's price on the WM and they didn't put an opperation that would an add in tarrif.
Maybe it would mess up the WM? I can't decide if it would. On one hand, the WM does seem to assume universal free trade. OTOH, tarrifs should change that, but I'm not sure if just adding the tax burden to the price for the POPs will adequately simulate the role of tarrifs.
Hmmm, oh wait, (was about to post then had this thought)--my last concern is false because if the tarrif percentage were just added to the price paid, the it would affect how many units bought by POPs, changing domestic consumption for all nations, which should adequately model the price given tarrif restraints.
BTW, any body else think supply-demand curves would be a cool feature for the ledger?