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CIPS Exam A9 Topic 1 Question 55 Discussion

Actual exam question for CIPS's A9 exam
Question #: 55
Topic #: 1
[All A9 Questions]

For relatively small value purchases, which of the following is the most desirable method of payment for an international buyer?

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Suggested Answer: D

by Blondell at Apr 14, 2024, 09:40 AM

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Janella
11 days ago
Ah, the age-old debate: do you trust your international buyer or not? I'm with Magda on this one. Better safe than sorry when it comes to my hard-earned money.
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Magda
13 days ago
You guys are overthinking this. The answer is clearly A, payment in advance. Why risk it with open account when you can just get the cash upfront? Safety first!
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Jamie
14 days ago
I was torn between B and C, but I think open account makes the most sense. Less paperwork and red tape to deal with. Plus, who doesn't love a little international credit?
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Jesusa
15 days ago
Hmm, I'm leaning towards option C, open account. It seems the most convenient and flexible for small purchases, as long as you trust the buyer. What do you all think?
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Eugene
17 days ago
Come on, this is a classic international trade question. We should all be familiar with these payment options by now. I'm ready to tackle this one.
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Levi
19 days ago
I'm not a fan of this question. It seems too focused on specific payment methods rather than broader international business concepts. I'd prefer a more open-ended question that tests our understanding of the overall import/export process.
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