Assume you are an International Trade and Transport Consultant. A client from China wishes to procure timber for a furniture mak
ing venture in Shanghai China. The client has asked that you advise on procuring and transportation of different wood species to the processing facility in Shanghai, China. Refer to the following terms to the client. 1. Countries where the timber species can be sourced including the market costs.
The species include Mahogany, Palisander, Sapele and Chlorophlora spp.
2.Packaging options for transporting the wood and their merits and demerits.
3.Transportation options from wood forests where trees are cut down to the manufacturing facility in Shanghai where the furniture is manufactured. Suggest an option. Consider the most appropriate transport routes for your options.
Countries where the timber species can be sourced including the market costs are China, United States of America, etc.
<h3>What is trade?</h3>
Trade is known to be a term that connote the the exchange of goods or services that can occur between two or more economic actors such as countries.
Note that Countries where the timber species can be sourced including the market costs are China, United States of America, etc. as they are the top suppliers of timbers.
Answer: Excessive tariffs harm international trade. For countries that are dependent on exports to fund their economy, trade barriers can be detrimental to their economies. This creates a supply surplus. Businesses are then forced to sell products at a cheap price.