Please read the following instructions carefully before starting: This assignment is to be completed independently. The normal policy on plagiarism applies. You must submit your assignment using SafeAssign. The report must use correct sentence structure and spelling (some point-form is accepted but should be kept minimal). As a guideline, assignments should be approximately 1,000-1,500 words in total. Before attempting this assignment you need to have a working knowledge of Incoterms. It is recommended that you read all assigned readings, watch the video place in Blackboard, and feel confident about your understanding of their role and purpose. This is an opinion-based paper and should be your own interpretation of the questions posed below. If you use an external source to support your ideas you are required to properly reference the source. Each question should be given approximately the same level of effort and result in very similar level of discussion. Important: Please do not define what incoterms are in your submission. At this point should be well understood and you are not to include any type of review or definition of the actual terms themselves. Questions: Q1. What problem do incoterms solve and why would these terms be necessary for international trade? Discuss in detail. Q2. Of the four primary incoterm groups (E, C, F, D), explain the primary transition points for each group (between the buyer and the seller) of the following responsibilities: Arrangement and payment of ocean freight, arrangement and payment of insurance, and importation