Question

CHIt nal trade (1)p × ǐCT.pdf Oi fle:///C/Users/nrayDownloads/internatnancantade%20(1).pdf It upon a free trade area with relatively frce movement of eapital and of t not so advanced in reduction of the rest of the trade barriers. d. bui bu e. neither one is correct 7.、,. 2 ommerce (ICC) widely used in international commercial transactions. A series of three-letter trade terms related to common sales practices. The rules are intended primarily to clearly communicate the tasks, costs and risks associated with the transportation and delivery of goods." re is a series of pre-defined commercial terms published by the International Chamber of How is this series called? 8 A preferential trade area is. a a type of trade bloc which is composed of a free trade area with a common extemal tarif ine a tradc blog whose member countries have signed a iree-trade

International trade

Answer 1

ICC runs series of terms also called as incoterms.

Which is series of 3 letter trade terms related to common sales practices . For example, DAF is termed as Delivery At Frontier.