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Scenario: Wang's Techno Toys

Question 59

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.
-From a risk perspective,which financing method is the LEAST favourable for Techno Toys' export business?


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

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