Advance payment is the most favorable method of payment collection for exporters.

Name: Advance payment is the most favorable method of payment collection for exporters.
Brand: Quizplus
Rating: 4.9 (31 reviews)

Question

Quizplus · Accepted Answer

Advance payment is considered the most favorable method of payment collection for exporters as it eliminates the risk of non-payment or payment delays. It ensures that the exporter receives the payment before the goods are shipped or delivered. This reduces the financial risk for the exporter and provides assurance of payment.

Advance Payment Is the Most Favorable Method of Payment Collection