The most acceptance and convenient means of payment in foreign trade is?

By: |Published on: Jul 24|Categories: Commerce WAEC| 0 comments

A. letter of credit
B. bank-draft
C. telegraphic money order
D. promissory note
E. bill of exchange

Correct Answer:

Option A – letter of credit

Users Also Read These:

SEE ALSO  A firm that accepts a portion of the risk involved in an insurance contract is?

Copyright warnings! Do not copy.