Directions: Choose the correct option for the given question.

In foreign trade, what is the price quoted by a supplier which includes all charges incurred up to door delivery of goods to the buyer, called?

Franco price (also called free-on-board at destination) means the supplier's quoted price includes ALL charges up to door delivery - transportation, insurance, handling, and customs duties. The buyer pays nothing extra; the seller bears complete responsibility and cost until delivery at the buyer's premises. This differs from CIF (cost, insurance, freight to port of destination) or landed cost which may not include all final delivery charges.