INCOTERMS

Question 1

Terms

Answer 1

Ex Works – EXW {+ the named place} Ex means From. Works means
Factory, Mill or Warehouse, which are the seller’s premises.
Free Carrier – FCA {+ the named point of departure}: The delivery of
goods on truck, rail car or container at the specified point (depot) of departure, which is usually the seller’s premises
Free Alongside Ship – FAS {+ the named port of origin} Goods are
placed in the dock shed or at the side of the ship, on the dock or lighter, within
reach of its loading equipment so that they can be loaded aboard the ship, at
seller’s expense.