Solved

"Comparing the Total Cost of Ocean Freight Versus Air Freight

Question 17

Multiple Choice

"Comparing the total cost of ocean freight versus air freight, air freight may be cheaper." What components are considered when making the previous statement?


A) Insurance rates
B) Packing
C) Replacement cost of damaged goods
D) Inventory cost
E) All of the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q12: Every importer should know how the U.S.

Q13: Export drafts must be paid before the

Q14: In the area of shipment risk, ocean

Q15: In CIF (cost, insurance, freight, foreign port)

Q16: Basic named perils marine insurance covers:<br>A) perils

Q18: Once a firm determines that a market

Q19: U.S. pavilions are located in every country

Q20: On an open account, the buyer assumes

Q21: Incoterms are developed and maintained by:<br>A) the

Q22: Out of all the pricing methods mentioned,