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Terms of Payment Chapter Ten Lead-in Questions: How much do you know about terms of payment? And can you classify them? Brief Introduction The mode of payment includes Remittance (T/T, M/T, D/D), Collection (D/P, D/A) and L/C. L/C is the most frequently adopted mode of payment in China’s foreign trade. Introduction 付款方式 Introduction Terms of Payment Match the following. Remittance Remittance means the transfer of money from one party to another party through banks of different countries, that is, a bank (the remi
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