An Incoterm expressed as "CIP Sofia,Bulgaria,Incoterms 2000" means that under Incoterms as of 2000,the goods are "Carriage and Insurance Paid" to Sofia,Bulgaria,where the importer will take control of them.
Correct Answer:
Verified
Q9: Under the DAF Incoterm,the exporter is responsible
Q10: The DAF Incoterm means "Deliver All Freight."
Q11: An advantage of the Free Alongside Ship
Q12: In planning their export strategy,companies generally determine
Q13: Under Incoterms EXW,FCA,and FAS,the importer is the
Q15: Under the Cost,Insurance,and Freight Incoterm,the importer takes
Q16: Under the FOB Incoterm,in countries where export
Q17: Under Incoterm DEQ,transfer of responsibility for cargo
Q18: A bill of lading or equivalent document
Q19: The Cost,Insurance,and Freight Incoterm is specifically designed
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