responsibilities, and decisions; when you and your supplier both understand the terms, your shipping discussions will be more efficient. By familiarizing yourself with the details of each incoterm, you can choose the one that
【题目】what do you know about the differences among these trade terms(FOB,CFR,CIF)?用英语回答 相关知识点: 试题来源: 解析 【解析】# FOB ( FREE ON BOARD.. named portof shipment )FOB means that the seller has fulfilled his obligation to deliver when the goods have physically passed over ...
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To navigate this trade smoothly, individuals and businesses must understand the standardized logistical terms known as Incoterms. What are incoterms? Incoterms, short for "International Commercial Terms," are 11 standardised terms developed and introduced by the International Chamber of Commerce ...
Shipping terms, also known asINCOTERMS(short for International Commercial Terms), are standardized three-letter abbreviations recognized globally. These terms succinctly communicate the responsibilities of each party involved in a sale or contract negotiation. In every international transaction, shipping can...
Among the export incoterms, C Terms require the seller to execute a transportation/insurance contract and bear the freight cost or insurance premium. There are CFR, CIF, CPT, CIP terms where the seller does not bear the risk and additional costs after shipment. ...
Under CFR terms, what document should the exporter send to the importer after effecting the shipment?A.The shipping instructionsB.The shipping adviceC.The insurance policyD.The bill of lading的答案是什么.用刷刷题APP,拍照搜索答疑.刷刷题(shuashuati.com)是
When exporting or importing goods, sooner or later you are always confronted with the term 'Incoterms'. Many customers already know and understand it very well while some have only heard of it recently. However, there are also those who have less experie
For goods transported internationally by sea or inland waterways, there are three other Incoterms that are closely related to CFR and are frequently used in trade contracts. Free alongside ship (FAS)means that the seller only has to deliver the cargo to the port next to the vessel, and respo...
They're part of a set of 11 Incoterms set up by the International Chamber of Commerce. The seller assumes responsibility for costs and liabilities until the goods are loaded onto the vessel at the port of origin under CIF contracts.