College Essays-Identify five primary methods of payment for export/import transactions and consider which method identified is mutually desirable for the exporter and the importer.
To succeed in today’s global marketplace against foreign competitors; exporters must offer their customers/consumers attractive sales terms supported by the appropriate payment methods.
Which method of payment is least; less; moreand most secure for exporters and importers?
Question Guidelines- Identify five primary methods of payment for export/import transactions and consider which method identified is mutually desirable for the exporter and the importer.