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Tag: incoterms

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incoterms
July 27, 2018 July 27, 2018 / By Cesar Reyna / Exporting • Importing/ incoterms/ 0 Comments

Incoterms, Exploring International Commercial Terms

INCOTERMS (International Commercial Terms) are internationally recognized trade terms used by buyers and sellers for prevention of confusion in foreign trade contracts. ICC (International Chamber of Commerce) developed them in 1936 and updates them periodically. 

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