If currency convertibility is a problem, FOB terms are desirable for both the buyer and the seller

Question

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FOB (Free On Board) terms mean that the seller is responsible for the goods until they are loaded on the ship, and the buyer takes responsibility once they are on board. This means that the seller is not responsible for any currency conversion issues or fees associated with it, making it desirable for both parties.

If Currency Convertibility Is a Problem, FOB Terms Are Desirable