Calculate minimum insurance cover first of all have to find, Microeconomics

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Calculate minimum insurance cover first of all have to find

Problem

According to Incoterms 2010 rules, minimum insurance cover should be at least the price provided in the sales contract plus 10% and shall be in the currency of the contract. In order to calculate the minimum insurance cover, first of all we have to find the CIF value of the goods.

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Microeconomics: Calculate minimum insurance cover first of all have to find

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Microeconomics: Calculate minimum insurance cover first of all have to find

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