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What kind of credit arrangements do you suggest and (4) reasons for suggesting the credit/payment methods in either of the following shipments from U.S.A. listed below?

1. Chicago, Illinois to Sao Paulo, Brazil of wheat, rice, food oils and animal feed.

2. Newark, New Jersey to Lagos, Nigeria of solar panels.


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This solution helps with a credit payment method.

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For shipment to Lagos, Nigeria, I would suggest at least 50% upfront payment via bank wire because the African nation is well known for frauds and thus, it ...

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  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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