Question
A US retailer wants to import dried mangoes from a Brazilian farmer, who has a vast experience exporting dried mangoes to several international customers. The
A US retailer wants to import dried mangoes from a Brazilian farmer, who has a vast experience exporting dried mangoes to several international customers. The Brazilian farmer offers four quotes using EXW, FOB, CIF, and DDP Incoterms. While comparing the different quotes, how were they ranked from the highest to lowest invoiced price?
A. DDP, CIF, FOB, EXW
B. DDP, FOB, CIF, EXW
C. FOB, CIF, EXW, DDP
D. EXW, FOB, CIF, DDP
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Purchasing and Supply Chain Management
Authors: W.C Benton
3rd edition
78024110, 978-0078117091, 78117097, 978-0078024115
