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医药进出口业务.ppt
医药进出口业务 医药进出口业务 Chapter Four Price of Commodity 1. Trade Terms: (Price Terms) Trade Terms are the short terms or abbreviations used to explain the price composition and the rights and obligations of the parties concerned. 2.Price Composition: The measuring units 3. Customary practices concerning trade terms: Warsaw-Oxford Rules 1932 Revised American Foreign Trade Definition 1941 International Rules for the Interpretation of Trade Terms(INCOTERMS2000) 4.INCOTERMS2000: Group E Departure EXW (EX Works) Group F Main carriage unpaid FAS (Free Alongside Ship) FOB (Free On Board) FCA (Free Carrier) Group C Main carriage paid CIF (Cost, Insurance and Freight) CFR (Cost and Freight) CPT (Carriage Paid To) CIP (Carriage and Insurance Paid To) Group D Arrival DAF (Delivered At Frontier) DES (Delivered Ex Ship) DEQ (Delivered Ex Quay) DDU (Delivered Duty Unpaid) DDP (Delivered Duty Paid) 5.Interpretation of most often used Trade Terms: EXW (EX Works): (1)The seller’s obligations: Provision of goods in conformity with the contract; Licenses, authorizations and formalities; No obligations to contract of carriage and contract of insurance; Bear all risks of loss of or damage to the goods until such time as they have been delivered in accordance with A4. (2)The buyer’s obligations: The buyer must pay the price as provided in the contract of sale and taking delivery; Licenses, authorizations and formalities; No obligations to contract of carriage and contract of insurance; The buyer must bear all risks of loss of or damage to the goods from the time they have been delivered in accordance with A4 and from the agreed date or the expiry date of any period fixed for taking delivery which arise because he fails to give notice in accordance with B7.provided, however,that the goods have been duly appropriated to the contract, that is to say clearly set aside or otherwise identified as the contract goods. (3) The most important points
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