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Know Your Incoterms | International Trade

Incoterms, a widely-used term of a sale, is a set of 11 internationally recognized rules which define the responsibilities of sellers and buyers.¬†Incoterms¬†specifies who is responsible for paying for and managing the shipment, insurance, documentation, customs clearance, and other logistical activities. Current Incoterms: EXW: ExWorks FCA: Free Career FAS: Free Alongside Ship FOB: Free On […]