Abstract

Hans Flick packed them into New York City's Downtown Athletic Club at a recent luncheon gathering. This wouldn't be too surprising if he were a Heisman Trophy winner, baseball's most-valuable-player, or the heavyweight champion of the world. He is none of these. Mr. Flick, an expert on West German taxes, was brought to this country by the German- American Chamber of Commerce to explain the mysteries of Germany's new tax-on-value-added (TVA), which became a commercial reality—some say nightmare—the first of this month. Of more direct concern to a concerned American audience, he came all the way from Germany to tell them what effects the new TVA system might have on U.S. exports to Germany and on imports from Germany. And his words were a reflection of what has become, along with trade of the less-developed countries, the most important trade problem of the post-Kennedy round era: the border tax problem. The border tax problem is ...

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