As an importer of merchandise you depend on the sale of the, Ask an Expert

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As an importer of merchandise, you depend on the sale of the merchandise for funds to make payment. Although customary terms of sale are ninety days for this type of merchandise, you are not well-known to foreign suppliers because of your recent entry into business. Furthermore, your suppliers require almost immediate payment to meet their won expenses of operations. How might the banking systems of the exporter and importer accommodate your situation?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92420186

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