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As a result of their involvement in international trade transactions, many importers face significant difficulties in ensuring that their products' quality meets the standards specified on the sales contract in which they are engaged. Importers can take preventative measures to ensure that they only purchase high-quality goods from their suppliers, such as purchasing goods on open account terms. However, because many exporters will not accept to work with open account payment terms, this precaution may be sufficient to determine t... more