Which of the following arranges export financing payment methods in descending order starting with the most secure/reliable and ending with the least secure/reliable?
A) sales on open account?cash in advance?documentary credit (L/C)?documentary collection (draft)
B) documentary credit (L/C)?sales on open account?documentary collection (draft)?cash in advance
C) documentary collection (draft)?documentary credit (L/C)?cash in advance?sales on open account
D) cash in advance?documentary credit (L/C)?documentary collection (draft)?sales on open account
E) none of the above
D
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