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==Activity==
==Activity==
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<div style="float:right;">[[International Regulations/Resources|Prev]] | [[International Regulations/Assessment|Next]]
<div style="float:right;">[[International Regulations/Resources|Prev]] | [[International Regulations/Assessment|Next]]


[[Category:International Business]]
[[Category:International business]]

Latest revision as of 20:18, 12 August 2009


Activity

Activity 1
Using the Incoterms Circle Chart, choose an Incoterm for a transaction.

  • Identify the responsibilities for the buyer and seller
  • Identify the risks to the buyer and seller


Activity 2
Choose a method of payment as discussed in Task 1 and an Incoterm.

  • Identify the responsibilities for the buyer and seller
  • Identify the risks to the buyer and seller
  • Determine if your choice is the best combination of Incoterm and method of payment
  • Determine what could be a better or worse choice