Which of the following is NOT a method of export/import financing?
A)Documentary collection
B)Letter of credit
C)Buyback
D)Open account

Question

Quizplus · Accepted Answer

Documentary collection, letter of credit, and open account are all methods of export/import financing. Buyback, on the other hand, refers to an agreement in which a company agrees to buy back a product or asset from another company at a later date. While this may be part of a larger trade agreement, it is not a method of financing specifically related to exports/imports.

Which of the Following Is NOT a Method of Export/import