Scenario: Wang's Techno Toys

Multiple Choice

Scenario: Wang's Techno Toys
Ann Wang has been successful in the domestic market selling high-tech toy products. But facing stiff competition at home, Ann has entered international markets by direct exporting.
-If Ann's bank acts as an intermediary without accepting financial risk it is called ________.

A) documentary collection
B) buyback
C) letter of credit
D) advance payment