Incoterms

INCOTERMS



toc =Objectives=

At the end of this session, students will have 1. read about Incoterms 2. done research on Incoterms 3. written two short paragraphs on Incoterms

By the end of this session, students should be able to:

1. define Incoterms 2. explain when they are used 3. explain their importance to International trade

In this activity we are going to research, discuss and write about Incoterms and their importance to International trade **in our own words.**

=**Online research**= Here are the initial questions on this topic of Incoterms. 1. What does the acryonym Incoterm stand for? 2. What are incoterms? 3. In what area of International trade are they used? 4. Why was it important that these terms be put into effect?

Wikipedia Incoterms export assistance Informed trade Incoterms plain and simple
 * Research links**

5. Read the information on all links. 6. Write two paragraphs summarising what you have read. The first paragraph should answer questions one to three and the second paragraph should answer question four. 7.Email your paragraphs slrubena2003@yahoo.com

The oral and written part of this assignment should be done in your own words. **Please do not copy from the text.** To facilitate your understand of the text, please use the following online resources:
 * Resources**

1. Cambridge online dictionary 2. Word Reference

= Video =