Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Seller A asked the goods on EXW price of $ 1200. The Seller B asked DDP, price of $12,000. Your company wants to sign a

image text in transcribed
Seller A asked the goods on EXW price of $ 1200. The Seller B asked DDP, price of $12,000. Your company wants to sign a contract with one of the companies. Which Seller should you choose? Provide the price to compare and explain the reason why you pick one of companies over the other Transportation fee from seller workplace to the first carrier $1000 Insurance: 500 Transportation fee from first carrier to the port: $2000 Import Duty: 20% of CIF Container Loading Fee: $ 500 Freight Expenses to New Jersey: $ 5000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Forest Resource Economics And Finance

Authors: W. David Klemperer

1st Edition

0974021105, 978-0974021102

More Books

Students also viewed these Finance questions