Question Description
I’m working on a supply chain multi-part question and need an explanation and answer to help me learn.
Prior to beginning work on this discussion forum, read Chapter 6: Terms of Trade or Incoterms® Rules assigned this week.
The Incoterms® 2020 rules include 11 trading terms created by the International Chamber of Commerce (ICC). In 200 to 300 words, describe one Incoterms® 2020 rule of your choice, and explain whether it is more exporter-friendly or importer-friendly depending on the amount of financial exposure and responsibility for the shipment.