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Need answer ASAP. thank you 3 ABC company offered to sell goods at USD 2000 per M/T CIF LA with all risks' and 'war risk
Need answer ASAP. thank you
3 ABC company offered to sell goods at "USD 2000 per M/T CIF LA with all risks' and 'war risk for 110% of the value" . The importer requested a revised quote for FOB Guangzhou. The freight for Guangzhou-Toronto was USD 50 per M/T, and the premium rates for "all risks" and "war risk" were 1% and 0.2% respectively. 1) To get the same export revenue, what FOB price should the exporter offer?(3' ) 2) If there is any risk happen and the goods suffered damage during the transportation, who will claim to insurance company at which place?(2) W (5.05)
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