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What is Understanding INCOTERMS 2020 Basics about?

The document outlines various Incoterms 2020, detailing responsibilities for cost and risk associated with shipping goods under different terms such as Ex Works (EXW), Free Carrier (FCA), and Delivered Duty Paid (DDP). Each term specifies which party is responsible for packaging, transportation, customs, and insurance. The document provides a structured comparison of these terms in terms of cost and risk allocation.

Author

ntkd03042003

Language

EN