here are different pricing methods used in international trade depending on the overage of services provided. Which services are included in FOB (Free on Board) pricing ? Which services are included in CIF (Cost Insurance and Freight) pricing? Which value of traded goods are used in EXPORT statistics of nations? Which price is used for customs authority for imposing tariffs on imported good B C Factory of Production Port of Loading Shipment Custom Check at Port of Unloadi

ECON MICRO
5th Edition
ISBN:9781337000536
Author:William A. McEachern
Publisher:William A. McEachern
Chapter19: International Trade
Section: Chapter Questions
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There are different pricing methods used in international trade depending on the
coverage of services provided.
a. Which services are included in FOB (Free on Board) pricing ?
b. Which services are included in CIF (Cost Insurance and Freight) pricing?
c. Which value of traded goods are used in EXPORT statistics of nations?
d. Which price is used for customs authority for imposing tariffs on imported good
Port of Loading
Factory of
Production
Shipment
Custom Check
at Port of Unloadi
Transcribed Image Text:There are different pricing methods used in international trade depending on the coverage of services provided. a. Which services are included in FOB (Free on Board) pricing ? b. Which services are included in CIF (Cost Insurance and Freight) pricing? c. Which value of traded goods are used in EXPORT statistics of nations? d. Which price is used for customs authority for imposing tariffs on imported good Port of Loading Factory of Production Shipment Custom Check at Port of Unloadi
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