This document discusses strategies for selling internationally on open account. It identifies reasons to sell internationally such as ready markets, increased sales and profits, and minimizing domestic downturns. It also discusses managing resources, risks, and cash flow when selling overseas. The document provides tips for assessing customer and country risks, including checking financials, references, political stability, monetary policies, and cultural factors. It also recommends strategies for mitigating risks such as using letters of credit, credit insurance, flexible payment terms, and natural foreign exchange hedges.