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! 1. The III. Calculation of the prices, profit and the dlle 0l plil Shanghai off e exporter in Shanghai offered a price with USD
! 1. The III. Calculation of the prices, profit and the dlle 0l plil Shanghai off e exporter in Shanghai offered a price with USD 800 per MIT CIF requested a revised FOB price including 2% commission. Supposed the freight for Shanghai - London was USD 60 per MT. and the insurance premium is USD 10 per M/T. To keep the same London. The importer export revenue, what would be the new offered FOBC2% price ? ( 4 points) . Exporter's offer is USD 60000 M/T FOB Yangshan, importer's counter offer charges 2% discount at FOB New York basis. Meanwhile, the broker charged 1.5% commission. Please calculate the discount and commission granted in the business. (4 Points)
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