Problem
Topic: Soybeans
A. Who could you sell it to (what organizations might buy it - identify two organizations by name and address)?
B. How is it usually shipped (i.e., mode, unitization, packaging)? What might the average shipment size be?
C. How much would the shipment in Q#2 be worth in the foreign currency, and Canadian dollars? (ie. what is today's conversion rate - identify two sources for foreign exchange) Show your calculations.
D. What method of payment might typically be used when selling your commodity internationally? Explain.
E. How could you protect your receivable? What would that cost for your shipment? Show your calculations.
F. How could blockchain be used in your export sale? Explain.