When an exporter plans to sell internationally,which one of the following would be considered most often?

Question

Quizplus · Accepted Answer

Exporters often prefer to receive payment in advance to minimize the risk of non-payment or payment delays. This is especially important when selling to unfamiliar markets or customers with whom they have no previous business relationship. Advance payment reduces the risk of non-payment and provides the exporter with the necessary funds to produce and ship the goods to the foreign buyer.

When an Exporter Plans to Sell Internationally,which One of the Following