Question
11A) The INCOTERM ____ assigns the least liability to the _____ but the _____ term is the most often used when quoting a price to
11A) The INCOTERM ____ assigns the least liability to the _____ but the _____ term is the most often used when quoting a price to a potential importer.
Select one: a. ex works, shipper, FAS b. ex works, shipper, FOB-port of origin c. Ex works, shipper, FOB-Port of Destination d. DDP, buyer, ex works
12B) To qualify for Ex-Im Bank credit insurance, the ______ must fulfill all of the following conditions EXCEPT
Select one: a. exporter, at least 75% U.S. content b. exporter, no armaments c. exporter, provide at least two years of financials d. exporter, the export goods must be environmentally friendly to both countries
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