【Learning Objectives】

Knowledge Objectives:

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.

Ability Objectives:

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. uPVH+4/qinoQTvdtUQajXjhbFnPTwg67yuLxPSwolMQsXiucLDbeW1GaGl1simth