discussion question

1. What is the purpose of Incoterms?

2. What organization is responsible for updating Incoterms?

3. Under the CPT Incoterms® Rule, the bill of ____________________ can act as a proof of delivery from the carrier.

4. Under the DAP Incoterms® Rule, the ____________________ is responsible for unloading the goods from the carrier’s truck, clearing customs, and paying for any inland transportation beyond the city of destination.

5. Under the DAT Incoterms® Rule, the exporter is responsible for the goods until they arrive in the agreed-upon terminal in the ____________________ of departure or of destination.