Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You are an importer in Melbourne and currently negotiating a sales contract with a seller in Mumbai, India. The agreed trade term of Incoterm 2020

You are an importer in Melbourne and currently negotiating a sales contract with a seller in Mumbai, India. The agreed trade term of Incoterm 2020 is FOB Mumbai, and the seller has provided you a quotation based on this term. You are now preparing an additional import costing for your shipment, on top of the FOB price. Which of the following costs should not be included in your costing:

Group of answer choices

-Loading costs at Mumbai Port

-Seafreight

-Import duties

-Unloading costs at Melbourne Port

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

The Strictures Of Inheritance The Dutch Economy In The Nineteenth Century

Authors: Jan Luiten Van Zanden, Arthur Van Riel, Ian Cressie

1st Edition

0691229309, 9780691229300

More Books

Students also viewed these Economics questions

Question

What are the attributes of a technical decision?

Answered: 1 week ago

Question

1. To take in the necessary information,

Answered: 1 week ago