1. Understand the trade terms used in international trade.
2. Understand the differences between the Incoterms 2010 and the Incoterms 2000.
3. Provide a simple explanation of the eleven terms under the Incoterms 2010.
1. Compare and contrast the use of FOB, CFR and CIF.
2. Identify the application issues under the Incoterms.
3. List the determining factors when choosing Incoterms.