国际金融管理ch18.pdfVIP

PAYMENT TERMS I. PAYMENT TERMS A. Four Pr ipal Means: 1. Cash in advance 2. Letter of Credit 3. Drafts 4. Open Account PAYMENT TERMS B. Cash in Advance 1. Minimal risk to exporter 2. Used where there is a. Political unrest b. Goods made to order c. New and unfamiliar customer PAYMENT TERMS C. Letter of C