When the exporter, expects the importer, to make the payment immediately upon the draft being presented to him is called.

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International Marketing / Global marketing is defined as “marketing on a worldwide scale reconciling or taking global operational differences, similarities and opportunities in order to reach global objectives". (Source: Wikipedia)

Types of international marketing include export, licensing, franchising, joint venture, and foreign direct investment.


When the exporter, expects the importer, to make the payment immediately upon the draft being presented to him is called.