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Know All About Incoterms in Export Business 🚢 . If you fix the price in an export deal but don’t clearly define the delivery terms, you’re taking a risk from day one. To avoid this, every exporter must have complete clarity on Incoterms (International Commercial Terms). Incoterms define exactly where the responsibility of the seller ends and where the buyer’s responsibility begins. They decide when the risk of goods transfers to the buyer, who pays for freight, who handles insurance, and who is
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