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INCOTERMS

Authored by Sandra Enri Peiro

Professional Development

2nd - 3rd Grade

Used 7+ times

INCOTERMS
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5 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

In which incoterm is completely mandatory for the seller to contract the insurance?

CFR

CIF

FOB

FIS

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

In which incoterm all the expenses are paid by the seller?

DAP

DDP

CFR

CIF

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

In which incoterms does the buyer pay customs clearance? more than one correct answer.

DAP

DDP

CFR

FIS

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

In which incoterm is the risk of the merchandise transmitted on the imaginary line of the shipments rail at the port of origin?

FOB

EXW

DAP

DDP

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Why is the HS CODE used inside the international trade?

To identify the merchandise and create a harmonized system

To add more value to insurance

To increase logistics procedures

To improve the cargo value

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