Problem
Read the "PanAsian Imports, Inc." hypothetical fact pattern attached below.
Based on what was covered in this week's learning material:
1. Develop an argument that PanAsian must pay the 12% fee on its imports of Z Men toys;
2. Develop an argument that PanAsian must only pay the 3% fee on its imports of Z Men toys; and
3. Explain which argument is the better argument.