Determine what would be ideal incoterms rule for transaction

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Reference no: EM131703009

1. Using a product of your choice as well as an importer and an ex. porter of your choice, determine what would be the ideal Incoterms rule for a transaction. Make as many assumptions as necessary to justify your decision.

2. Explain why a developing country would want to prevent its im- porters from purchasing CIF or CIP and instead require CFR or CPT shipments.

3. A certain sogo shosha (a Japanese Trading Company) always re- quests its suppliers to provide an FCA exporter's premises quote. Knowing what you know about trading companies, why think this is the case?

Reference no: EM131703009

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