What is the capitol of China? The answer is Beijing. In addition to being the third most populated city overall, it is the second most
The DAP Incoterm, or “Delivered at Place”, replaces the now outdated Delivery Duty Unpaid Incoterm, or DDU Incoterm was included in Incoterms 2000, the previous
What is DDP shipping? Delivered duty paid (DDP) shipping is a delivery arrangement in which the seller bears all obligation, risk, and expense related to
What does CFR mean? Contracts for international trade may use the legal term “cost and freight” (CFR). In a contract that states that a sale
What is the EXW incoterms? By requiring the seller to only make the goods available to the buyer at their warehouse or dock, an EXWorks
INCOTERMS (International Commercial Terms), also known as shipping terms, freight terms, or trade terms, are the global standard terminology and definitions used in international trade
Today, China manufactures almost everything. Historically, the United States was the source of many devices, gizmos, and other products., Businesses now outsource primarily to factories
Beijing vs Shanghai, which city is better to visit? Many tourists frequently argue about this issue. Beijing is the political and cultural hub of China.
What is the CIF? An international shipping agreement known as cost, insurance, and freight (CIF) details the fees paid by a seller to cover the
Every business owner would want to seize any available business opportunities. Who would want to deny service to a customer? But in actuality, not every