freightcourse will undergo scheduled maintenance this Sunday 22nd September from 1:00 AM to 1:45 AM CST
🚀 We've just launched! Enjoy an additional 50% off on existing discounts using code: LAUNCH2024
- Description
- Curriculum
Our Understanding & Applying Incoterms 2020 course provides an in-depth understanding of each Incoterm, offering detailed explanations of their meanings, implications, and applications in diverse trade scenarios. You will also gain a thorough understanding of how to select the most suitable Incoterm based on factors such as the nature of the goods, mode of transport, and the desired level of risk and responsibility.
Additionally, the course will equip you with the skills to apply Incoterms effectively, ensuring seamless and strategic international transactions and enhancing your ability to navigate complex global trade environments.
Learning Objectives
- Grasp the fundamental concepts and significance of Incoterms and their relevance in international trade.
- Distinguish between various Incoterms and discern their respective costs, obligations, and associated risks
- Analyze real-world trade scenarios and case studies by selecting optimal Incoterms for different situations.
Module 1: Introduction to Incoterms
Module 2: Ex Works (EXW)
Module 3: Free Carrier (FCA)
Module 4: Carriage Paid To (CPT)
Module 5: Carriage & Insurance Paid To (CIP)
Module 6: Delivered at Place (DAP)
Module 7: Delivered at Place Unloaded (DPU)
Module 8: Delivered Duty Paid (DDP)
Module 9: Free Alongside Ship (FAS)
Module 10: Free On Board (FOB)
Module 11: Cost and Freight (CFR)
Module 12: Cost Insurance and Freight (CIF)
Module 13: Choosing the Right Incoterm
Module 14: Practical Application and Case Studies