You are a manufacturer of precision industrial tools and parts based in Ithaca, New York. You have

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You are a manufacturer of precision industrial tools and parts based in Ithaca, New York. You have been contacted by a manufacturer in Budapest, Hungary, to begin supplying it with an assortment of your products. Using INCOTERMS, prepare a pro forma invoice with three different shipping options. For each option (INCOTERM) itemize the costs and relative responsibilities of the two parties. Consider how you will get the goods from Ithaca to Budapest. What modes of transport will need to be utilized? Who can you contact for information needed to prepare the invoice?

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