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B-6-3- Advantages in the use of the Incoterms
The most important advantage of Incoterms lies in contractually defining each party’s responsibilities during the transaction:
- the ownership transfer point (the point from which you no longer own the goods),
- The company responsible for the choice of the carrier, or transporter.
- Who incurs the cost of transport.
- Who incurs the insurance costs,
- Who is responsible for the import and export customs clearance,
- Who incurs the packaging costs,
Each incoterm has its own drawbacks.
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