With ____, the exporter ships the products to the importer while still retaining actual title to the merchandise; the importer does not have to pay for the products until they have been sold to a third party.

Question

Quizplus · Accepted Answer

In a consignment arrangement, the exporter (consignor) retains ownership of the goods until they are sold by the importer (consignee) to a third party. The importer does not have to pay for the goods until they have been sold. This arrangement is beneficial for the importer as they do not have to pay upfront for the goods and for the exporter as it allows them to retain ownership and control of the goods until they are sold.

With ____, the Exporter Ships the Products to the Importer