Which of these is NOT an export/import financing method?
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 examples of export/import financing methods that involve payment and risk management between the buyer and seller. Buyback, on the other hand, involves a company repurchasing goods or materials they previously sold to another company, and is not a financing method for import/export transactions.

Which of These Is NOT an Export/import Financing Method