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Question: For the following scenario select a possible method of payment, other than pre-payment or open account and discuss, in terms of the information provided, why you believe this would be the best suited payment option. Your answer should be based on considerations according to an export credit policy.
Note: No marks will be allocated for only providing a payment method.
A new potential buyer residing in Mauritius is interested in ordering an energy saving unit from Gerber Electric, to the value of ZAR85 000.00.
One mark per discussion point
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