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WorksheetsIncoterms
Total questions: 10
Worksheet time: 5mins
What is this Incoterm?
FOB
EXW
CIP
CPT
What is this Incoterm?
DDU & DDP
FOB & FCA
CFR & CIF
EXW
What is this Incoterm?
CFR & CIF
EXW
DDU & DDP
FCA & FOB
What is this Incoterm?
DPU
CPT
EXW
FCA
Who pays Duty/Tax in DDP?
Shipper (Exporter)
Consignee (Importer)
No one pays
What is the advantage for the shipper in EXW?
The shipper can control logistics.
There is no logistics risk for the shipper.
The shipper can produce behind the schedule.
There is no advantage for the shipper
Where the responsibility of Cost and Risk does move from the Shipper to Consignee in FOB?
At export side CY
At import side CY
When the cargo is on the vessel at export side.
When the cargo is off the vessel at import side.
Which Incoterm does this picture show?
CIF
FOB
FCA
DPU
What is the difference between CFR and CIF?
CFR：No Duty、CIF：Shipper pays Duty
CFR：Shipper pay cost (freight) 、CIF：Consignee pay cost (freight)
CFR：No Insurance、CIF：Shipper pays Insurance
CFR：Shipper take risk、CIF：Consignee take risk
Which Incoterm does this picture show, the responsibility of Cost or Risk? (Orange: Responsibility. Green: Payment of Expenses.
Risk Responsibility
Cost Responsibility
Neither
