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International Business 10th Edition by Charles Hill
Edition 10ISBN: 978-0078112775International Business 10th Edition by Charles Hill
Edition 10ISBN: 978-0078112775 Exercise 2
A firm based in Washington state 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 the shipment but insists that the finished lumber can quickly be resold in the Philippines for a profit. Outline the steps the exporter should take to effect this export to the Philippines.
Explanation
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The Philippine Firm (PF) is unable to ge...
International Business 10th Edition by Charles Hill
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