Question

Raj spices Ltd selling spices to Rajesh Bros agrees to pay all the expenses up to Visakhapatnam port identify the trade between the two​

Answer 1

Export Trade, with FOB price, the exporter being Raj Spices Ltd and Rajesh Bros (importer)

Explanation:

• An export trade is a good/service produced in one nation that is sold into another nation. The seller is an exporter and the foreign buyer is an importer. the foreign buyer. Goods exports frequently allow customers' authorities to be involved.
• "FOB" pricing implies that the seller will pay for the "transportation" of the "goods" to the "port of shipment", inclduing loading costs. The buyer/importer pays the cost of unloading charges, marine freight transport insurance, & transportation from the arrival port to the final destination.
• FOBs are "International agreements" used for transporting goods between a buyer & a seller. These are amongst the most popular of the twelve terms of international trade (Incoterms), set up by the ICC in 1936.

To know more

Explain the steps of export procedure. - Brainly.in

https://brainly.in/question/8292918