International Terms of Sale

This book presents both theoretical and practical aspects and is intended primarily for students at Higher Institutes of Technological Studies (ISET) and other academic institutions majoring in Business Administration with a focus on International Trade, Transportation, and Logistics, as well as other related fields.It provides an overview of the evolution of international conventions governing international trade and an explanation of the practical rules for understanding the International Chamber of Commerce (ICC) Incoterms 2020.The book is divided into three main parts:- The first defines the international sales contract and outlines the various stages in the evolution of international conventions regulating trade between countries. - The second part presents the ICC Incoterms (2020 version) and provides readers with the information needed to distinguish between them and to master the rules for calculating various export quotes based on these Incoterms.- The third part includes practice exercises with answer keys, allowing readers to apply the knowledge they have acquired to practical aspects related to the use of Incoterms 2020.