The Government of Venezuela Is Purchasing a Large Quantity of American

Multiple Choice

The government of Venezuela is purchasing a large quantity of American beans to be loaded on its own ship at the port of New Orleans. The buyer will arrange to have its vessel loaded and will obtain its own export licenses. The seller may be asked to quote its prices:

A) FOB New Orleans.
B) CIF Venezuela.
C) FAS Venezuelan vessel.
D) DEQ Venezuelan port.
E) None of the above.