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Exports - Example Papers

Exports

Various terms of sale are possible in exporting. FAS (free alongside ship) means the seller pays all transportation expenses to the ship’s side and is required to clear the goods for export. CIF (cost, insurance, and freight) means the seller quotes a price that includes cost of goods, insurance, and transportation to a specified destination. CFR (cost and freight) is like CIF except that the buyer pays the insurance cost. DAF (delivered at frontier) means that the seller’s obligations are met when the goods have arrived at the border and been cleared for export. The buyer’s responsibility is to arrange for its forwarder to pick up the goods after they are cleared for export, clear them ...

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Exports. (2011, April 20). Retrieved November 23, 2024, from http://www.essayworld.com/essays/Exports/98267

"Exports." Essayworld.com. Essayworld.com, 20 Apr. 2011. Web. 23 Nov. 2024. <http://www.essayworld.com/essays/Exports/98267>

"Exports." Essayworld.com. April 20, 2011. Accessed November 23, 2024. http://www.essayworld.com/essays/Exports/98267.

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PAPER DETAILS

Added: 4/20/2011 05:40:18 PM
Submitted By: hairankhan
Category: Economics
Type: Free Paper
Words: 207
Pages: 1

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