Cost Insurance And Freight
From Open Risk Manual
Definition
Cost Insurance And Freight. The market value of merchandise imports at the customs frontier of a country.
All charges for transporting and insuring the goods from the country of export to the given country are included, but the costs of unloading from ship, aircraft, etc. are excluded unless borne by the carrier. Import customs duties are also excluded.[1]
References
- ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009