ICC Guide to Incoterms® 2010

This ICC Guide to Incoterms® 2010 will help importers and exporters avoid costly misunderstandings by clearly defining the responsibilities of sellers and buyers for the delivery of goods. ICC’s Incoterms® rules are regularly incorporated into sales contracts worldwide.The ICC Guide to Incoterms® 2010 analyzes in detail each of the 11 Incoterms® rules, making this guide the official handbook accompanying the latest edition of these global trade standards. Diagrams and illustrations facilitate their understanding while also explaining the history of these ground-breaking international commercial terms. This Guide is an invaluable companion for everyone involved in cross border transactions, it shows how the Incoterms® rules work in conjunction with other contracts and also answers questions such as: What are the Incoterms® rules and what can they do for me? How do I reference Incoterms® 2010 in a contract of sale, insurance or payment? What are the main differences between Incoterms® 2000 and Incoterms® 2010? What is the most efficient rule for which mode of transport?This book is an essential tool for anyone involved in international business; practitioners, teachers and students alike.