According to the text,the cost of importing a foreign sourced product,including freight,insurance,and packing
A) is insignificant.
B) may range from 26 to 110 percent of the cost of the product.
C) may range from 10 to 12 percent of the cost of the product.
D) may not be charged if the terms of sale are CIF, port of entry.

Question

Quizplus · Accepted Answer

The buyer must understand the terms of sale because international freight, insurance, and packing can add as much as 10 to 12 percent to the quoted price, depending on the sales terms.

According to the Text,the Cost of Importing a Foreign Sourced