Exam L4M4 Topic 1 Question 48 Discussion

Actual exam question for CIPS's L4M4 exam
Question #: 48
Topic #: 1
Incoterms describe several aspects and responsibilities of transporting goods when sourcing internationally.
Which of the following is described by Incoterms? Select THREE.

Suggested Answer: A,B,D Vote an answer

Incoterms describe who out of the buer and seller; organises transport and what type of transport this is, who pays for insurance, and who organises duty / tariff arrangements when the goods go through customs. See p.131. Note- some students report a lot of questions on Incoterms in the exam, some say they only had 1. If you can, I'd learn them just to be safe.

by Ada at Nov 11, 2024, 03:07 AM

Comments

Chosen Answer:
This is a voting comment (?) , you can switch to a simple comment.
Switch to a voting comment New
Nick name: Submit Cancel
A voting comment increases the vote count for the chosen answer by one.

Upvoting a comment with a selected answer will also increase the vote count towards that answer by one. So if you see a comment that you already agree with, you can upvote it instead of posting a new comment.

Contact Us

If you have any question please leave me your email address, we will reply and send email to you in 12 hours.

Our Working Time: ( GMT 0:00-15:00 ) From Monday to Saturday

Support: Contact now 

日本語 Deutsch 繁体中文 한국어