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You are an exporter of tropical fruit. You have a new customer in Europe. You have not dealt with the client before but there is
You are an exporter of tropical fruit. You have a new customer in Europe. You have not dealt with the client before but there is the potential for further large purchases from the customer if you can provide good service and good product in this first shipment. This is not guaranteed but the customer has suggested this might be the case. What type of payment terms (Cash in advance, Open account, Documentary collection or Documentary credit) would you consider for this first consignment? Why? What further information would you like
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