Understanding FOB Shipping Point: Definition And Impact On International Trade

fob shipping point means

This option can allow buyers to negotiate lower shipping rates and may be more cost-effective in the long run. Additionally, FOB Shipping Point can be more flexible, as buyers can choose their carriers and shipping methods. FOB Shipping Point and FOB Destination are two common international trade terms that define the point at which ownership of goods transfers from the seller to the buyer. Each term has its own advantages ...

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