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R.A.F.T.D. 1941 Trade Definitions by Timoonline is a document available to read on EtoBox.
What is R.A.F.T.D. 1941 Trade Definitions about?
The document outlines 7 terms from the 1941 Revised American Foreign Trade Definitions (RAFTD) that were continued in use by Americans and Canadians in 1949: 1. EX Point of origin refers to prices quoted as ex factory, ex mine, ex plantation, ex mill, or ex warehouse. 2. FOB refers to Free on Board at a named inland carrier and inland point of departure, similar to FOR/FOT terms in INCOTERMS. 3. FAS refers to Free Alongside Ship at a named port of shipment, with the goods placed alongside the ship in t
- Author
- Timoonline
- Language
- EN