GMS 723 Lecture Notes - Lecture 5: Oka Cheese, Vale Limited, Trade Barrier
Document Summary
Exworks- is an inco term you need to come and get them if you are the only country that produces diamonds when you are talking over the sales deal got to talk about the inco terms as well. Indocterms- groups group e- exporter is not responsilbe for any transportation costs. Fob is more risky than fas if the shipping company id lifting the shipment and something happens you are paying this risk and you also have to pay the shipping company and this is another cost. Fob shipment is on the boat but the boat is still related to canada. Cpt incur the risks until it has touched the docks. Daf for erie canada you drove it to fort erie and importer comes into canada fort erie and crosses the boarder to take it back this means that it was delivered at a frontier.