Manager Garments Department Interview Question:

Explain me what are the processes for fixation of export prices?

Submitted by: Muhammad

There are three processes-
☛ FOB (Free on board)
☛ C & F (Cost & Freight) (FOB cost+ Freight = C & F ) and
☛ CIF (Cost, insurance & freight) (C&F cost + Insurance = CIF)
Submitted by: Muhammad