Free domicile: Terminology used for “door to door”
deliveries.
Free on board (FOB): A system of valuing imports that in-
cludes inland transportation costs involved in delivery of
goods to a port in the exporting country and the cost of
loading the merchandise on the vessel, but excludes the
cost of ocean shipping and insurance.
Free port: An area such as a port city into which merchan-
dise may legally be moved without payment of duties.
Free trade: A theoretical concept to describe international
trade unhampered by governmental barriers such as tar-
iffs or nontariff measures. Free trade typically favors the
reduction or elimination of all tariff and nontariff barriers
to trade.
Free trade zone (FTZ): A port designated by the govern-
ment of a country ...