A simple agreement wherein the exporter sends an invoice with the goods and the exporter pays upon the receipt is called a(n)_____.

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An open account is a simple agreement between an exporter and importer in which the exporter sends an invoice along with the goods, and the importer agrees to pay at a later date, typically within 30 to 90 days. This is the most basic form of payment arrangement in international trade.

A Simple Agreement Wherein the Exporter Sends an Invoice with the Goods