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Incoterms is an acronym standing for international commercial terms. Incoterms are terms of trade that identify the division of costs and risks between the buyer and seller when shipping internationally. They are often discussed when costs are negotiated during the sales process. Make sure you know your incoterms to avoid any hidden charges during the shipping process.
“Incoterms®” is a trademark of the International Chamber of Commerce, registered in several countries.
iccwbo.org/res...