f 05/25/15 ~ EDU-MADE-EASY BLOG

Education is an ornament in prosperity and a refuge in adversity.

It is as impossible to withhold education from the receptive mind as it is impossible to force it upon the unreasoning. - Agnes Repplierg

COMMERCE 101

QUOTING PRICE IN INTERNATIONAL TRADE Hey Guyz, Happy Monday.  Hows your week so far, great right???. lolz- God has been Faithful and We are grateful. So let's get started.... 1. Cost, Insurance and Fright (C.I.F)- This price means that the prices quoted includes the cost of the goods, the fright and insurance up to the port of destination while the purchaser is responsible for other subsequent charge. 2. Free On Board (F.O.B)- means that the price covers all cost up to the ship including charges, payable for loading goods on the ship. 3. Franco-...