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Dept.of Commerce/Trade Technologies:Why Price Quotations are Critical Detailed Event Information For Dept.of Commerce/Trade Technologies:Why Price Quotations are Critical
Dept.of Commerce/Trade Technologies:Why Price Quotations are Critical --
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Location/Date: Washington, DC, United States 07/11/2017 - 07/11/2017
Event Summary:
3. Why Price Quotations are Critical

“Which Pricing Terms work and which ones don't”

• Introduction to INCOTERMS 2010.

• Understand the 11 acceptable pricing terms used in international trade.

• Understand the seller's and buyer's responsibilities in a trade transaction.

• Understand the underlying risks associated with each INCOTERM.

• Learn how to minimize risk and maximize control in a transaction.

• Understand the crucial difference between title transfer and possession, and how this impacts international transactions.

• Learn the key role of freight forwarders.

• How to effectively use Incoterms to improve your competitive position.

• Understand how to increase your profits by effectively using the right terms.

• What you don't know can really hurt you. By quoting the wrong price you run the risk of not getting paid and, at the same time, losing your product!

• Q&A – Ask your questions!


Contacts:
Linda Abbruzzese, ODI
International Trade Specialist
Phone: 202-482-3787
Linda.Abbruzzese@trade.gov

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