Questions:
To succeed in today's global marketplace against foreign competitors; exporters must offer their customers/consumers attractive sales terms supported by the appropriate payment methods. Identify and then provide an overview of five primary methods of payment for international transactions. Which method of payment is least; less; moreand most secure for exporters and importers?
Question Guidelines- Identify five primary methods of payment for export/import transactions and consider which method identified is mutually desirable for the exporter and the importer.