International Regulations/Activities

Unit 4.3-International Regulations 

Introduction | ICC | UCP | eUCP | Rules for Collections | International Court of Arbitration | INCOTERMS | WTO | Summary | Resources | Activities | Assessment

Activity

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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