What are incoterms in international trade?

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Incoterms is a set of standard trade terms developed by the

International Chamber of commerce. Use of the incorrect Incoterms

will prove terribly exspensive if there are issues with the cargo,

you'll end up incurring costs that could have been avoided.

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Use the Trade Terms Selector, within seconds you will be guided to

the appropriate trade term according to the Incoterms2010

rules.