As to the seller, the risk of D/P, D/A and L/C can be arranged(from great to small) as the following: ( )
A. D/A,D/P and L/C
B. L/C,D/P and D/A
C. D/P,D/A and L/C
D/A, L/C and D/P
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The way in which the seller pays for the goods for to be loaded on board the ship, but does not pay the freight and insurance the right term is ( )
A. FOB
B. FCA
CFR
D. CIF
which of the following one provides the highest level of protection and security to both sellers and buyers engaged in international trade ( )
A. payment in advance
B. documentary L/C
C. documentary collection
D. documents against acceptance
Which of the following term of payment would be conducted by bank’s credit( )
A. L/C
B. T/T
C. D/D
D. Collection
Buyer’s request for additional coverage could be accepted on condition that someextra premium is for ( )
A. the seller’s
B. the buyer’s
C. the insurer’s
D. the insured