Which of the following international trade financing methods-00701
Which of the following international trade financing methods refers to “A method in which the exporter can avoid credit risk or the risk of nonpayment, since payment is received prior to the transfer of ownership of the goods”?
This multiple choice question (MCQ) is related to the book/course
vu bnk601 Banking Laws & Practices.
It can also be found in
vu bnk601 Final Term - Quiz No.3.
Which of the following international trade financing methods refers to “A method in which the exporter can avoid credit risk or the risk of nonpayment, since payment is received prior to the transfer of ownership of the goods”?
Letter of credit
Open account
Documentary collection
Payment in advance
