Cryptocurrency Q&A What is the difference between CFR and FOB?

What is the difference between CFR and FOB?

Martina Martina Mon Sep 16 2024 | 5 answers 1089
Excuse me, but could you please elaborate on the distinction between CFR and FOB? I understand they are both terms used in international trade, but I'm not entirely clear on how they differ from each other. Could you break it down for me, highlighting the key differences and perhaps giving an example to further clarify? It would be greatly appreciated. What is the difference between CFR and FOB?

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