FOB vs. CIF: Understanding the Differences and When to Use Them
Article summary: FOB and CIF are International Commerce Terms (Incoterms), which are legally binding shipping agreement models. FOB gives the buyer more control over the goods during transit but imposes more responsibilities. CIF provides the buyer with more peace of mind but is a more expensive option. When buying or selling goods internationally, both the [...]
https://www.airseacontainers.c....om/blog/fob-vs-cif-u
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