1) Who uses Incoterms? a) international sellers (exporters) b) private customers c) local shops d) governments e) international buyers (importers) f) students 2) Why are Incoterms important? a) They look nice. b) They help businesspeople from different countries understand each other. c) Everyone uses them all the time. d) They clearly tell you your rights and duties in international trade. 3) What do you agree upon when you use Incoterms? a) who bears the risk if the goods are damaged b) how you have to pay (e.g. credit card) c) who pays the costs for shipping d) who pays customs (Zoll) e) who gets the goods in the end f) where the goods will be delivered 4) What does the IMPORTER pay if CIP is agreed upon? a) delivery from port of destination to importer b) delivery to port of departure c) unloading d) shipping 5) What does the EXPORTER pay if FCA is agreed upon? a) delivery from port of destination to importer b) delivery to port of departure c) unloading d) shipping 6) Which Incoterm is best for the IMPORTER? a) EXW b) DDP c) CIP d) FOB 7) Which Incoterm is best for the EXPORTER? a) EXW b) DDP c) CIP d) FOB

Incoterms - Quiz

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