Under prepayment, the exporter will not ship the goods until the buyer has remitted payment to the exporter.
Correct Answer:
Verified
Q55: The objectives of the Export-Import Bank of
Q56: There is an active secondary market for
Q57: The Working Capital Guarantee Program of the
Q58: When using factoring to finance international trade,
Q59: The interest rate the bank charges the
Q61: The bill of exchange serves as a
Q62: Which of the following is not a
Q63: Which of the following is not a
Q64: Of all the payment methods available in
Q65: The payment method that affords the supplier
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