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Q.

What is INCOTERMS? Where does it work?

Tags: careers, education, entertainment
Asked by Siachen, 17 Mar '10 03:18 pm
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Answers (2)

 
1.

The International Chamber of Commerce created INCOTERMS in 1936. INCOTERMS are designed to create a bridge between different members of the industry by acting as a uniform language they can use.

Each INCOTERM refers to a type of agreement for the purchase & shipping of goods internationally. There are 13 different terms which help users deal with different situations involving the movement of goods!!
Answered by dharamender nebhnani, 17 Mar '10 04:54 pm

 
  
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2.

Its type of Documents/ agreement of purchase goods and shipping of goods internationaly
Answered by ala, 17 Mar '10 03:22 pm

 
  
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