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All main topics / Naval Architecture / Marine Transport and Economics / 15 Chartering Terms
14
c.i.f
Cost, Insurance and Freight
The purchase price of the goods (by importer) includes payment of insurance and freight which is arranged by the exporter.
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Source: Maritime Economics, 3rd edition, page 176
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Flashcard info:
Author: andersson.j
Main topic: Naval Architecture
Topic: Marine Transport and Economics
School / Univ.: Chalmers
City: Gothenburg
Published: 15.10.2009

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