Multiple Choice
52.Incoterms are divided into two basic categories-
A) open account and L/C.
B) general and water transport terms.
C) ship and ground transport.
D) export and domestic shipments.
E) risk and nonrisk terms of sale (buyer's perspective) .
Correct Answer:
Verified
Correct Answer:
Verified
Q44: In a DDP (delivered,duty paid),the seller delivers
Q45: The EU mark that indicates that merchandise
Q46: In a DAT (delivered at terminal),the buyer
Q47: Incoterms are developed and maintained by<br>A) the
Q48: The Incoterm acronym CFR (named destination port),refers
Q50: The U.S.government corporation that offers insurance against
Q51: The Incoterm for the situation when the
Q52: Independent businesses that handle import shipments for
Q53: Often new exporters think that they won't
Q54: For U.S.firms that already are exporting,the _