Discussion: Module 3

Discuss why it is important to have a Incoterm strategy from both the exporter and importer points of views.
please reference book:

International Logistics: The Management of International Trade Operations

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Discuss why it is essential to have an Incoterm strategy from both the exporter and importer points of views.
Incoterms are the standard terms which operate in international trade, and they comprise of the seller and buyers obligations in a contract. The use of Incoterms, therefore, eases trade as it helps to reduce inequalities that exist in a free market.

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