Under the trade terms Ex-Factory, the seller is responsible for paying the cost of transport to the seller's factory.

Question

Quizplus · Accepted Answer

Under Ex-Factory (EXW) trade terms, the buyer is responsible for arranging and paying for transportation from the seller's factory. The term "Ex-Factory" simply means that the seller's responsibility for the goods ends when they are made available at their factory or warehouse, and the buyer assumes all risks and costs from that point forward.

Under the Trade Terms Ex-Factory, the Seller Is Responsible for Paying