A reputed importer in Canada wants to import certain items from you. The importer is ready to place repeated order of INR 500000 each but demands credit period of 90 days from the receipt of goods in Canada. Which payment method you will choose? What according to you is the safest method of payment in International Trade? Discuss with the help of suitable example.

A reputed importer in Canada wants to import certain items from you. The importer is ready to place repeated order of INR 500000 each but demands credit period of 90 days from the receipt of goods in Canada. Which payment method you will choose? What according to you is the safest method of payment in International Trade? Discuss with the help of suitable example.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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