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The Primary Methods of Payment for Foreign Trades,ranked in the Order

Question 74

Multiple Choice

The primary methods of payment for foreign trades,ranked in the order of most secure to least secure for the exporter is


A) open account,consignment,letter of credit/time draft,and cash in advance.
B) consignment,letter of credit/time draft,cash in advance,and open account.
C) cash in advance,letter of credit/time draft,consignment,and open account.
D) cash in advance,letter of credit/time draft,open account,and consignment.

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