WHICH IS THE MOST APPROPRIATE METHOD OF PAYMENT FOR THE EXPORTER I...

40. Which is the most appropriate method of payment for the exporter in the

following case ? Sale of a bale (roll) of cloth costing 200 USD to a nearly tailor’s

shop with whom you have done business for 20 years.

A. Confirmed letter of credit.

B.Open account with no security

C. Open account with bank guarantee

D.Open account with export credit insurance