INCOTERMS

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

• CFR

• CIF

• FOB

• FIS

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

• DAP

• DDP

• CFR

• CIF

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

• DAP

• DDP

• CFR

• FIS

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

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