The buyer specifies the type of transportation; the seller arranges that transportation, at the buyer's expense. This arrangement is known as. c.o.d Ocif. Of.o.b Of.y.i.

The answer is **CIF (Cost, Insurance, and Freight)**.<br /><br />CIF means the seller delivers the goods, cleared for export, loaded onboard the vessel at the named port of shipment. The seller pays the costs, insurance, and freight necessary to bring the goods to the named port of destination, but risk of loss or damage to the goods, as well as any additional costs due to events occurring after the time of delivery, are transferred from the seller to the buyer. Since the buyer specifies the type of transportation and the seller arranges it at the buyer's expense, this aligns with the CIF Incoterm.<br />