Exam L4M4 Topic 1 Question 48 Discussion
Actual exam question for CIPS's L4M4 exam
Question #: 48
Topic #: 1
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.
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
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