In U.S.domestic trade,the typical payment procedure for established customers is _____________ where the goods are delivered and the customer is billed on an end-of-the-month basis.

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The most typical payment procedure for established customers in U.S. domestic trade is an open account, where goods are delivered, and the customer is billed on an end-of-the-month basis. Letters of credit and bills of exchange are more commonly used in international trade, while closed accounts and third-party accounts are not widely used payment procedures.

In USDomestic Trade,the Typical Payment Procedure for Established Customers Is _____________