Thompson Exporters, a new exporting firm, provides a 5 percent discount to customers who use the safest method of payment. Which method of payment most likely receives this discount?
A) payment in advance
B) open account
C) letter of credit
D) countertrade
Correct Answer:
Verified
Q7: When paying via _, the goods are
Q9: FedEx provided Lewis Exporters with a document
Q10: A _ requires payment upon the transfer
Q11: In specialized international lending activity, firms may
Q13: Why would an exporter most likely consider
Q14: Major exporting countries typically invoice foreign customers
Q15: Fulsom Exporting prefers that customers who pay
Q16: More than 70 percent of developing country
Q17: Theresa, an importer, uses a variety of
Q41: A _ extends credit to the importer
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents