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Homework answers / question archive / Marketing Final   The increase in the final selling price of goods traded across borders that reflects the factors of destination, transport mode, tariffs, and fees

Marketing Final   The increase in the final selling price of goods traded across borders that reflects the factors of destination, transport mode, tariffs, and fees

Marketing

Marketing Final
 

  1. The increase in the final selling price of goods traded across borders that reflects the factors of destination, transport mode, tariffs, and fees.
  2. involves setting prices based on the costs for producing, distributing, and selling the product plus a fair rate of return for its effort and risk
  3. EXW: Seller makes the goods available at its premises. Maximum obligation on buyer and minimum obligations on seller. The buyer pays all transportation costs and also bears the risks for bringing the goods to their final destination. The seller doesn't load the goods on collecting vehicles and doesn't clear them for export.
  4. International Commercial Terms
  5. Seller agrees to deliver the goods to the buyer at the place he or she names in the country of import with all costs, including duties, paid (Destination)
  6. The seller hands over the goods, cleared for export, to the first carrier who is named by the buyer, at the named place. The seller pays for carriage to the named point of delivery, and risk passes when the goods are handed over to the first carrier.
  7. is the Incoterm for a transaction in which the seller places the shipment alongside, or available to, the vessel upon which the goods will be transported out of the country.
  8. the responsibility and liability of the seller do not end until the goods have cleared the ships rail.
  9. Seller pays for the shipping and carries the the risk of loss or damage to goods is transferred to the buyer once the goods have passed the ships rail.
  10. seller covers COGS, insurance, & all transportation & misc charges to the named foreign port in the country of final destination

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  1. Export price escalation

The increase in the final selling price of goods traded across borders that reflects the factors of destination, transport mode, tariffs, and fees.

  1. Cost-based Pricing

involves setting prices based on the costs for producing, distributing, and selling the product plus a fair rate of return for its effort and risk

  1. Ex-Works

EXW: Seller makes the goods available at its premises. Maximum obligation on buyer and minimum obligations on seller. The buyer pays all transportation costs and also bears the risks for bringing the goods to their final destination. The seller doesn't load the goods on collecting vehicles and doesn't clear them for export.

  1. Incoterms

International Commercial Terms

  1. Delivery Duty Paid

Seller agrees to deliver the goods to the buyer at the place he or she names in the country of import with all costs, including duties, paid (Destination)

  1. Free Carrier

The seller hands over the goods, cleared for export, to the first carrier who is named by the buyer, at the named place. The seller pays for carriage to the named point of delivery, and risk passes when the goods are handed over to the first carrier.

  1. Free alongside ship named port

is the Incoterm for a transaction in which the seller places the shipment alongside, or available to, the vessel upon which the goods will be transported out of the country.

  1. Free on board named port

the responsibility and liability of the seller do not end until the goods have cleared the ships rail.

  1. Cost, insurance, freight named port

Seller pays for the shipping and carries the the risk of loss or damage to goods is transferred to the buyer once the goods have passed the ships rail.

  1. Cost and freight

seller covers COGS, insurance, & all transportation & misc charges to the named foreign port in the country of final destination

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