begun international trade businesses in our country.It contributes a lot to the domestic
economy as well as huge profits to enterprises themselves.But inadequate
understandings of international trade terms lead to a great loss to the country and
enterprises,and has affected the development of foreign trade seriously.
Trade terms frequently used are mainly FOB and CIF in our export
businesses.Exporter's risks are different in actual businesses though the two terms
both have the side of the ship as a boundary to transfer risks.It's very necessary as the
exporters to select appropriate terms according to the actual situation of businesses to
avoid risks of export and increase economic profits.
Generally speaking , it's more favorable to select CIF than FOB in our export
businesses.
Keywords:
Export Business FOB CIF
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