A、FI
B、FOB
C、FCA
D、EXW
Jinqi Trade Co., Ltd. offered a 20' container of table wares to a Canada company. The table wares are packed in cartons of 4 sets each and a 20' container can hold around 520 cartons. The wares were purchased at RMB 150.00 per set (16% VAT included, tax refunded at the rate of 13%). The wares were purchased with loan from bank for 90 days at the annual rate of 4.8%. The expected expenses for inland transport, inspection and custom clearance for export, warehousing and other charges are CNY 900.00, CNY 200.00, CNY 950 and CNY 1,300 respectively. Bank charges at 0.5% of the invoice value. Ocean freight for a 20' container is USD 1,250.00 from Dalian to Vancouver. Insurance is to be effected for 110% of the invoice value, and the premium rate is 0.6%. The expected profit was 10% of the sale price and the current foreign exchange rate is CNY 6.50/USD. (1) Please calculate the CIF price for Company A. (2) Please write down the unit price in English.
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