Home › CBSE Class 11 (Commerce) › Business Studies › Internal Trade › A price that includes cost of goods plus insuran…
A price that includes cost of goods plus insurance and freight up to the destination port is called what?
ACOD price
BCIF price
CE&OE price
DFOR price
Answer & Solution
Correct answer: B. CIF price
CIF stands for Cost, Insurance and Freight and covers all three up to the destination port.
Related questions
The Value Added Tax was levied in place ofOctroi and local levies are an important source of revenue forWhich of these is a national trade association of Indian business?Which body checks that GST cost benefits reach consumers?Input tax credit under GST helps avoidHow are exports treated under GST?Decisions in the GST Council are taken by what majority?Who chairs the GST Council?