Explained about “Incoterms” with illustration. EXW, FOB, CFR, CIF, DDU, DDP – Most common trade terms.
What is the first task to remember the Trade Words? It might be thought that it is “Incoterms”. There are 11 kinds of Incoterms with abbreviated 3 English alphabetical letters such as CFR, EXW and so on. But don’t worry! Honestly, it is all OK to remember only 6 Incoterms out of 11 which are […]