Open accounts are best suited for well-established, long-term customers or larger firms with impeccable credit ratings.
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Q52: A sight draft requires payment prior to
Q53: The simplest form of countertrade is barter,
Q54: Exporters prefer that payments in advance be
Q55: The vast majority of the exports of
Q56: In a counterpurchase, one part of the
Q58: Countertrade is primarily important to countries that
Q59: Why does Eximbank offer a working capital
Q60: Payment in advance is the most favorable
Q61: What conditions favor the use of each
Q62: Discuss the various forms of countertrade.
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