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FOB: How it works, price, and risks

FOB – which stands for Free on Board – is an Incoterm you might have come across when negotiating the purchase of goods for import to the UK. But what exactly does FOB mean – and why does it matter? Incoterms are important because they help define who is responsible for the costs and risks

The post FOB: How it works, price, and risks appeared first on Small Business.

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