In exporting,the easiest payment procedure is to require up-front cash payment prior to shipment.

Question

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Requiring up-front cash payment prior to shipment is the easiest and safest payment procedure in exporting as the seller does not have to worry about non-payment or payment disputes. However, this may not always be feasible or acceptable to the buyer, especially in larger transactions or with long-standing business relationships. Other payment methods like letter of credit, documentary collection, or open account may be used in such cases.

In Exporting,the Easiest Payment Procedure Is to Require Up-Front Cash