International Regulations/Activities
< International Regulations |
Unit 4.3-International Regulations |
Introduction | ICC | UCP | eUCP | Rules for Collections | International Court of Arbitration | INCOTERMS | WTO | Summary | Resources | Activities | Assessment |
Activity
Activity 1
Using the Incoterms Circle Chart, choose an Incoterm for a transaction.
- Identify the responsibilities for the buyer and seller
- Identify the risks to the buyer and seller
Activity 2
Choose a method of payment as discussed in Task 1 and an Incoterm.
- Identify the responsibilities for the buyer and seller
- Identify the risks to the buyer and seller
- Determine if your choice is the best combination of Incoterm and method of payment
- Determine what could be a better or worse choice
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