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    ________ Occurs When an Importer Pays an Exporter for Merchandise
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________ Occurs When an Importer Pays an Exporter for Merchandise

Question 155

Question 155

Multiple Choice

________ occurs when an importer pays an exporter for merchandise before it is shipped.


A) Documentary collection
B) Letter of credit
C) Advance payment
D) Open account

Correct Answer:

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