Tutorial Exercise 4 Incoterms group exercise

• Divide yourselves into 4 groups of 4/5 people.

• Each group chooses 1 Incoterm from below:
• Ex Works (EXE)
• Free on Board (FOB)
• Cost Insurance and Freight (CIF)
• Delivered Duty Paid (DDP)
• In your groups spend 20 minutes researching your chosen Incoterm.
• Present the following back to class.
• An overview of your Incoterm. What are the buyers and sellers
responsibilities?
• The modes of transport it is suitable for.
• Example of typical goods shipped using this Incoterm.