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Understanding Incoterms EXW, FOB, CIF, DDP Explained
Shipping internationally? Then you' ve probably seen these confusing codes: EXW, FOB, CIF, DDP. They' re called Incoterms, and they define who' s responsible for the goods at each step of the shipping journey. Let' s simplify the top 4 you need to know. 1. EXW – Ex Works EXW means the buyer handles everything from pickup at the seller' s ...
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