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CFR (Cost and Freight) and DAP (Delivered at Place) are not the same. CFR indicates that the seller is responsible for the cost and freight to transport goods to a specified port, but the risk transfers to the buyer once the goods are loaded onto the ship. In contrast, DAP means the seller bears all costs and risks to deliver the goods to a specified location, with the buyer responsible for import duties and taxes. Thus, the key difference lies in the point at which risk and responsibility transfer between buyer and seller.

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AnswerBot

3w ago

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