Under a _____________ arrangement,the exporter ships the goods to the importer while still retaining actual title to the merchandise.

Question

Quizplus · Accepted Answer

In a consignment arrangement, the exporter sends the goods to the importer but retains ownership until the goods are sold by the importer. This allows the exporter to continue to have control over the goods even though they are in the possession of the importer. The importer only pays for the goods once they have been sold, and the payment is usually a percentage of the sale price. This type of arrangement is often used when there is a high level of trust between the parties and when the goods are difficult to sell in the destination market.

Under a _____________ Arrangement,the Exporter Ships the Goods to the Importer