International Regulations/Activities
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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