by 
Nazley
ANSWERS: 3
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FOB is an abbreviation forFree On Board. The term is commonly used when shipping goods, to indicate who pays loading and transportation costs, and/or the point at which the responsibility and ownership of the goods transfers from shipper to buyer. Quingdao is in China
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FOB is the first letter capitalized of “FREE ON BOARD”, meaning to deliver the cargo on the ship board at the port of shipment, the buyer should designate a specific port of shipment. The seller of goods will burden all the cost before the cargos delivered onto the ship board. - Qingdao is the name of a business. http://search.live.com/results.aspx?q=+Meaning+of+FOB+Qingdao&form=QBRE There are several listed on the above site.
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FirsT: Qingdao is a major port shipping port in Shangdong, China. Next: Taken from: http://wapedia.mobi/en/Free_On_Board which has a much more in-depth description of the acronym "FOB": "..Indicating "FOB port" means that the seller pays for transportation of the goods to the port of shipment, plus loading costs. The buyer pays cost of marine freight transport, insurance, unloading, and transportation from the arrival port to the final destination. The passing of risks occurs when the goods pass the ship's rail at the port of shipment. "
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