CIF and CFR Terms Are More Convenient for Foreign Buyers

question 4

True/False

CIF and CFR terms are more convenient for foreign buyers because they merely have to add the import duties, landing charges, and freight from the port of arrival to their warehouses to establish their cost.

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Definitions:

Mental Health

A level of psychological well-being, or an absence of mental illness.

Physical Health

The overall condition of an individual's body, including the absence of disease and the state of physical fitness.

Negative Reinforcement

The strengthening of a response (increases in frequency) because it is followed by the removal of a (presumably) unpleasant stimulus.

Control of Antecedents

The management or manipulation of factors that precede and potentially trigger certain behaviors or reactions, used as a strategy in behavior modification.