Page 78 - Business English Book 1ver2.0

Lesson 8 Shipping Terms
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A : It stands for cost of insurance and freight. .

B : _______________________?
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A : C.I.F. is total cost of shipping when you are sending products
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to buyer. It includes costs of shipping, insurance, and packaging.
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A : What does F.O.B. stand for?
B : It stands for free on board.
A : What does that mean?
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B : You don't pay for the shipping when you are sending it off.

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A : Does that mean a seller doesn't pay for shipping?
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B : That's correct.
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A buyer pays for shipping when he receives the products.
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A : What does F.O.B. stand for?
B : ________________________.
A : What does that mean?
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B : You don't pay _______________________________. .
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A : Does that mean a seller doesn't pay for shipping?
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B : That's correct.
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A buyer _________________________________. .
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