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Questions tagged [cost of goods]

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CryptoPioneer CryptoPioneer Sun Sep 15 2024 | 7 answers 1205

What is FOB price?

Could you please explain what exactly is meant by the term 'FOB price'? I'm curious to understand how it differs from other pricing methods in the world of international trade and finance. Specifically, how does it factor in the costs associated with transporting goods from the seller's location to the buyer's destination? And are there any specific industries or products where the use of FOB pricing is more prevalent than others? Your insights would be greatly appreciated.

What is FOB price?

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