Question: A U . S . exporter is shipping high - value industrial machinery to a new buyer in a foreign market. To minimize the risk

A U.S. exporter is shipping high-value industrial machinery to a new buyer in a foreign market. To minimize the risk of non-payment while ensuring the buyer's confidence in the transaction, which of the following payment methods would be the most secure for both parties?
Letter of Credit (L/C)
Open Account
Consignment
Cash in Advance
A U . S . exporter is shipping high - value

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