Discuss the use of Incoterms in international trade. At a minimum, address aspects such as the value Incoterms bring to an agreement, the advantages or disadvantages of using a specific Incoterm, and what companies need to know when using Incoterms.
Information from the International Chamber of Commerce about the newest Incoterms 2020 is available at their site:
Which Incoterms rule should I use?
Link: https://iccwbo.org/resources-for-business/incoterms-rules/what-are-the-key-changes-in-incoterms-2020/
Instructions:
Write a 1,000 word APA formatted paper on the use of Incoterms in international trade.
All charts, graphs, pictures are to go in the appendix (not a substitute for content)
Make sure you use three to five credible and reliable resources; format in APA
Refrain from excessive use of quotes in your response (less than 5%)
Once you submit your document to the assignment folder it will automatically be loaded to TURNITIN.COM within the course. Your similarity scan score must be 20% or less (the following will be excluded: headers, bibliography, etc. prior to instructor grading paper—focus on the content of scan percentage)
