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Course Summary

Incoterms are the standard rules used worldwide by buyers and sellers for determining the point at which risk of loss or damage transfers, allocating transportation costs, and assigning responsibility for carrying out certain related tasks. This non-jurisdictional course will introduce learners to Incoterms, focusing exclusively on their use of Incoterms in international trade.

Users will receive a certificate of completion from George Mason University upon successful completion of this course.

Learning Objectives

Give learners an introduction to Incoterms, the commercial terms of trade used for most shipments.

Target Audience

Individuals involved in transactions requiring the international movement of goods regardless of their jurisdiction and whether they are a buyer or seller.

Course Duration: 23 minutes

Certificate of Completion: George Mason University

Course Outline



Training Objective

Key Definitions


  • Introduction
  • Overview of Critical Transfer Points
    • Overview
    • EXW
    • FCA
    • CPT
    • CIP
    • DAT
    • DAP
    • DDP
    • FAS
    • FOB
    • CFR
    • CIF

Title Transfer

Freight Payment and Incoterms

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