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    Business
  3. Study Set
    International Financial Management
  4. Exam
    Exam 19: Financing International Trade
  5. Question
    In an Open Account Transaction, the Exporter Ships the Products
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In an Open Account Transaction, the Exporter Ships the Products

Question 23

Question 23

True/False

In an open account transaction, the exporter ships the products to the importer but retains title to the products until they have been sold.

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