It's late; the end of a very hectic day. You're just now starting to think about the long commute home and whether or not there's any food in the fridge for dinner.
The phone rings. It's your freight forwarder sharing the bad news that your cargo has been damaged during transport overseas to your customer.
"Now I've got to figure out who's responsible for this mess—me or the buyer," you groan. It looks like another late night.
Problems like this happen all the time. Fortunately the International Chamber of Commerce (ICC) has created a set of international trade terms—called Incoterms—that are used to define exactly who has responsibility for transportation costs, insurance and customs clearance.
Incoterms 2000—A Practical Review explains each of the 13 trade terms including the responsibilities of the seller and the buyer under each of the terms, when and how each term can be used, and the advantages and disadvantages of each.
Written by one of the leading authorities in international trade, the book includes several exercises for determining the proper Incoterm to use, a self-assessment of how the terms should be used at your company, several case studies, and examples of how the terms are legally enforced.
Incoterms 2000—A Practical Review is available as both a printed book and an easy-to-search eBook. If you're involved in international trade, you simply must have this book!
Updated August 2007 - 136 Pages
Also Available as an eBook | About eBooks
Book Chapters
- INCOTERMS 2000
- Ex Works (ExW)
- Free Alongside (FAS)
- Free on Board (FOB)
- Free Carrier At (FCA)
- Cost and Freight (CFR)
- Cost, Insurance and Freight (CIF)
- Carriage Paid To (CPT)
- Carriage and Insurance Paid To (CIP)
- Delivered Ex Ship (DES)
- Delivered Ex Quay (DEQ)
- Delivered Duty Unpaid (DDU)
- Delivered Duty Paid (DDP)
- Delivered At Frontier (DAF)
- Summary
- Exercises
- Trade Term Self Assessment
- Case Studies
- Legal Cases
- Bibliography
- Publications
- Table of References
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Incoterms 2000—A Practical Review reference book today!
