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The total world population is forecasted to hit 9 billion by 2050,at which point the United Nations predicts the total population will either stabilize or peak after growing for centuries at an ever-accelerating rate.The main reason for this major shift is ________.
Credit Terms
The conditions under which a seller extends credit to a buyer, including payment deadlines, interest rates, and discounts for early payments.
Invoice Discount
A reduction in the billed price granted to customers, often used as an incentive for early payment.
Credit Terms
The agreement between a buyer and a seller that outlines the payment terms for goods or services, including the due date and any interest or penalties for late payment.
FOB Shipping Point
A term indicating that the buyer assumes responsibility for the goods and shipping costs once the goods leave the seller's premises.
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