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An exporter has recently acquired a new customer. She would like to ship the first order via ocean but has concerns as to whether she
An exporter has recently acquired a new customer. She would like to ship the first order via ocean but has concerns as to whether she can trust the ultimate consignee with respect to payment. What method of payment is best suitable under these circumstances? Select one answer.
Advance payment
Open account
Documentary collection
Letter of credit
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