Final answer:
Of the options given, Buyback is NOT a method of export/import financing. Documentary collection, Letter of credit, and Open account are common methods, whereas Buyback pertains to repurchasing sold products or leasing facilities.
Step-by-step explanation:
The question asks which of the following is NOT a method of export/import financing:
- Documentary collection
- Letter of credit
- Buyback
- Open
Documentary collection, Letter of credit, and Open account terms are common methods of export/import financing. A Letter of credit is a guarantee from a bank that payment will be made to the exporter, provided that the terms and conditions stated in the LC are met. A Documentary collection is a process where the exporter's bank collects payment from the importer's bank in exchange for documents that enable the importer to take possession of the goods. An Open account transaction is one where goods are shipped and delivered before payment is due, which is typically in 30, 60, or 90 days.
However, Buyback is typically not considered a method of financing exports or imports. Buyback refers to a contractual arrangement where a company sells a product or facility and agrees to repurchase the product or lease the facility after a specified period.