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Finance & Accounting Essay

Incoterms (international commercial terms)
International Commercial Terms Incoterms (international commercial terms) are generally accepted definitions of the obligations of both the seller and the buyer, with regards to international trade. Although they don’t provide the actual detailed contract obligations, these terms are generally accepted by businesses and governments across the world and act as a way to create understanding in the global business, especially with regard to delivery of products. Incoterms are usually coded as
Pages: 2 (500 words), Essay
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