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A company made an offer at USD2000 per M/T CIF Toronto with all risks for 110% of the value . The importer requested a revised
A company made an offer at USD2000 per M/T CIF Toronto with all risks for 110% of the value . The importer requested a revised quotation for FOB Ningbo, The freight for Ningbo to Toronto was USD50 per M/T, and the premium rate was 1%, to get the same export revenue, what will be FOB price and CFR price?
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ISE Business Accounting
Authors: Frank Wood, Alan Sangster
8th Edition
0273638408, 9780273638407
