Multiple Choice
Which of the following is the least risky for an importer?
A) Cash in advance
B) Open account
C) Irrevocable letter of credit
D) Bank collection time draft
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q54: For U.S.firms that already are exporting,the _
Q55: There is a series of _ internationally
Q56: Credit information can be available for new
Q57: Before opening a letter of credit,a buyer
Q58: "Although air freight rates are usually higher
Q60: The Incoterm for the situation where the
Q61: An area designated by the government of
Q62: The Incoterm acronym FOB (named loading port),refers
Q63: Export marketing plans should be specific about
Q64: The U.S.Department of Commerce form used to