The most commonly used terms of payment for a customer located in the Middle East are
A) letters of credit.
B) open accounts.
C) documentary collections.
D) cash in advance terms.
E) None of the above
Correct Answer:
Verified
Q36: An exporter can conduct its international business
Q37: In attempting a credit check of a
Q38: SWIFT stands for
A) Southwestern International Fund Transfers.
B)
Q39: Among other reasons,international transactions are perceived to
Q40: The instruction letter is part of the
Q42: Because of the risks associated with open-account
Q43: In a cash-in-advance transaction,all risk is transferred
Q44: In some cases,the exporter may want to
Q45: A _ is an instrument that legally
Q46: Among the following terms of payment,which is
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