Question
GoGreen wants to import bioethanol from Brazil for blending. Its likely terms of purchase would be CIFLisbon. Using the information covered in this chapter, complete
GoGreen wants to import bioethanol from Brazil for blending. Its likely terms of purchase would be CIFLisbon. Using the information covered in this chapter, complete the following activities: Explain what CIF Lisbon means. 2. Describe the risks, responsibilities and obligations of the supplier under the terms CIF Lisbon. 3. Describe the risks, responsibilities and obligations of GoGreen under the terms CIF Lisbon. 4. Study the Incoterms and state whether there is a more beneficial term of trade for GoGreens importing activities. Explain your reasoning.
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