International Commercial Terms (INCOTERMS) - CTL
International Commercial Terms (INCOTERMS) - CTL
International Commercial Terms (INCOTERMS) - CTL
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Exporter and ImporterThe exporter and the importer need notundergo a lengthy negotiation about theconditions of each transaction.Once they have agreed on a commercialterm like FOB, they can sell and buy at FOBwithout discussing who will be responsiblefor the freight, cargo insurance, and othercosts and risks.