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Terms of trade ( such as Incoterms ) do which of the following? Create standardized transportation contracts that eliminate all possible global transportation disputes. Re
Terms of trade such as Incoterms do which of the following?
Create standardized transportation contracts that eliminate all possible global transportation disputes.
Reassign liability for freight loss or damage to a third party logistics company or insurance firm.
Ensure that goods are not delayed at border crossing due to inaccurate or incomplete documentation.
Clarify the seller's and buyer's respective responsibilities and risks for the transportation of goods.
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