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All International purchases will be processed on an agreed Incoterm to define w...

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All International purchases will be

processed on an agreed Incoterm to define which party legally incurs costs and

risks.  Incoterms will be clearly stated on relevant shipping documents.

It is important to know which Incoterms

are applicable as they determine the responsibilities of buyers and sellers.

Additionally, incorrect Incoterms can

______

in

costly errors or delays in international trade.

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