Q1. What problem do incoterms solve and why would these terms be necessary forinternational trade? Discuss in detail.

Q2. Of the four primary incoterm groups (E, C, F, D), explain the primary transition pointsfor each group (between the buyer and the seller) of the following responsibilities:Arrangement and payment of ocean freight, arrangement and payment of insurance, andimportation.

Q3. How does your learning of incoterms relate connect to other courses that you're takingwithin this program? Can you see connections?