Which payment method is appropriate when the exporter has complete trust in the importer? A) ...

Author Question: Which payment method is appropriate when the exporter has complete trust in the importer? A) ... (Read 66 times)

Brittanyd9008

Hero Member
Posts: 500

on: Jul 7, 2018

Which payment method is appropriate when the exporter has complete trust in the importer?

A) payment in advance
B) open account
C) letter of credit
D) countertrade

Question 2

In 2011, Singapore's exports totalled 171 of its GDP. Briefly explain how this is possible.

What will be an ideal response?

jgranad15

Sr. Member
Posts: 345

Reply #1 on: Jul 7, 2018

Answer to Question 1

B

Answer to Question 2

Singapore is a major reexporter because of its shipping ports and facilities.

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