A Comprehensive Analysis of International Trade Payment Methods: Risks and Response Strategies
This article provides an in-depth analysis of common payment methods in international trade, including full payment, installment payments, credit terms, and letters of credit, along with their associated risks. It also offers strategies for managing risks with credit customers, competitive pressures from alternative suppliers, and bargaining behaviors during credit periods. Additionally, it explores industry trends and provides practical recommendations to help foreign trade professionals optimize payment methods, mitigate risks, and achieve long-term growth.