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What is Understanding Incoterms for Logistics about?
The document summarizes key Incoterms rules for international trade. It defines Incoterms as international rules that clarify responsibilities and costs between buyers and sellers. It then briefly explains 11 common Incoterms rules, including EXW, FCA, CPT, CIP, CFR, CIF, DAT, DAP, DDP, and FOB. For each rule, it provides a definition and notes on obligations for delivery, risks, costs, and customs clearance.
- Author
- ziafmcs
- Language
- EN