Question: Explain how factoring can enable an exporter to use open account when making payment arrangements with buyers. How does this differ from forfaiting?

Explain how factoring can enable an exporter to use open account when making payment arrangements with buyers. How does this differ from forfaiting?

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11.2 Explain how factoring can enable an exporter to use open account when making payment arrangements with buyers. How does this differ from forfaiting?

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