A firm based in California wants to export a shipload of finished lumber to the Philippines. The

Question:

A firm based in California wants to export a shipload of finished lumber to the Philippines. The would-be importer cannot get sufficient credit from domestic sources to pay for shipment but insists that the finished lumber can quickly be resold in the Philippines for a profit. Outline the steps that the exporter should take to effect the export of this shipment to the Philippines.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: