Question: Which method of payment can highly protect the exporter against the credit risks? * Irrevocable documentary collection Irrevocable documentary credit Open account Both b and
Which method of payment can highly protect the exporter against the credit risks? * Irrevocable documentary collection Irrevocable documentary credit Open account Both b and c None of the above In a Documentary Collection the bank/banks handle the documents in accordance with instructions received, to: * Obtain payment and/or acceptance Deliver documents against payment and/or against acceptance Deliver documents on other terms and conditions Both b and c All of the above
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