Question: Incoterms Exercise # 2 Assume CM manufacturing is based in Denver, CO . It regularly exports shipments of small replacement aircraft parts to China Airlines,
Incoterms Exercise #
Assume CM manufacturing is based in Denver, CO It regularly exports shipments of small replacement aircraft parts to China Airlines, a buyer in Suzhou, China. The closest ocean port to Denver is Seattle, Washington and the closest ocean port to China Airlines is Shanghai, China. Assume international airfreight shipments depart from Denver, CO For each of the following situations, select the appropriat Incoterm.
China Airlines needs an emergency replacement of a batch of parts. As the parts are under warranty, CM Manufacturing has agreed to pay for the shipping, customs clearance, and any duty into China.
incoterm:
CM Manufacturing is shipping a special piece of machinery to China airlines. The machinery is too large to fit into a container, CM Manufacturing has agreed to pay for the freight and insurance to Shanghai, but not clear the hoods through customs.
Incoterm:
For a spectal shipment, China Airlines has appointed its own freight forward or to handle and air shipment. CM Manufacturing has agreed to get the shipment to the Denver airport. CM Manufacturing will clear the goods for export.
Incoterm:
CM Manfacturing is shipping thones of small parts to China aitines, Fach box measures CMManufacturing has agreed to pmy for the frelght and insurance to shanghal, but not clear the poods through customs
Incoteris
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