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Write 1 page essay on the topic Incoterms.A transaction wherein an American seller is to deliver the goods on board a ship in New York and arrange for export clearance for ultimate shipment to Rio de

Write 1 page essay on the topic Incoterms.

A transaction wherein an American seller is to deliver the goods on board a ship in New York and arrange for export clearance for ultimate shipment to Rio de Janeiro with the Brazilian buyer responsible for contracting with the carrier, the cost of obtaining insurance and obtaining import clearance.

A transaction wherein a Mexican seller is to contract for motor carriage of the goods, deliver the goods to another motor carrier for transport across the U.S. boarder, pay unloading and loading costs, arrange for export clearance and obtain insurance on the U.S. buyer’s behalf for final delivery to Phoenix,

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