Read about INCO terms in "Import Transactions & Customs Compliance", pgs. 3 – 16. Outside resources can be utilized. Incoterm Groups
Incoterm
Description
Group E / Departure
ExW
Ex Works (… named place)
Group F / Main carriage unpaid
FCA
Free Carrier (… named place)
FAS**
Free Alongside Ship (… named port of shipment)
FOB**
Free on Board (… named port of shipment)
Group C / Main carriage paid
CFR**
Cost and Freight (… named port of destination)
CIF**
Cost, Insurance, and Freight (… named port of destination)
CPT
Carriage Paid to (… named place of destination)
CIP
Carriage and Insurance Paid to (named place of destination)
Group D / Arrival
DAT
Delivered at terminal (…named terminal at destination)
DAP
Delivered at place (…named place of destination)
DDP
Delivered Duty Paid (… named place of destination)
**To be only used with non-containerized freight and waterway/ocean shipments
For each of the following scenarios, identify which Incoterm would be most appropriate:
1. A U. S. seller has agreed to ship non-container goods loaded onto the "President Ocean Freighter" ship at Long Beach, CA.
Incoterm:
2. A Brazilian company has agreed to send samples by air to a buyer in Chicago, IL. The seller is to pay for freight, to clear U. S. customs, and pay for any applicable U. S. import tariff.
Incoterm:
3. A U. S. seller has agreed to ship a container by ocean to Hong Kong and pay for the freight, and insurance. Buyer is to clear the products through Hong Kong customs and pay all import charges.
Incoterm:
4. A large Chilean company wants to buy a pallet of goods from a U. S. seller and will pay all freight and insurance from the seller’s U. S. manufacturing location in Atlanta, GA. The seller will clear the goods for export.
Incoterm:
5. Assume ABC Air Filters is based in Denver, CO. It regularly exports shipments of air filters to China Air Filters, a large buyer in Suzhou, China. The closest ocean port to Denver is Tacoma, WA and the closest ocean port to China Air Filters is Shanghai, China. ABC Air Filters is shipping a special piece of machinery to China Air Filters. The machinery is too large to fit into a container. ABC Air Filters has agreed to pay for the freight and insurance to Shanghai, but not clear the good through customs.
Incoterm:

Compute the cost of not taking the following cash discounts. (use a 360-day year. do not round intermediate calculations. input your final answers as a percent rounded to 2 decimal places.)

All of the following led to the collapse of the soviet economy except a. a lack of worker incentives. c. inadequate supply of consumer goods. b. a reliance on production quotas. d. the introduction of a market economy.

Me with this asap. i will give 100 points and brainliest. part one of three (total of 100 points) how do gross national product (gnp) and gross domestic product (gdp) differ? while gnp includes investments as well as production of goods and services, gdp only includes production of goods and services. while gnp includes production by all people and businesses of a country, gdp only includes production within a country’s borders. while gnp includes production of all goods and services, gdp only includes production of final goods and services. while gnp includes imports and exports of goods and services, gdp only includes the net exports of goods and services. read the scenario. a united states company produces widgets in brazil. which is true about the calculation of widget production? the dollar value of the widgets would not be included in either a gnp or a gdp calculation. the dollar value of the widgets would be included in a gnp calculation. the dollar value of the widgets would be included in both a gnp and a gdp calculation. the dollar value of the widgets would be included in a gdp calculation. read the passage. this is the most widely used measure of inflation and is sometimes viewed as an indicator of the effectiveness of government economic policy. it provides information about price changes in the nation's economy to government, business, labor, and private citizens, and it is used by them to guide economic decisions. what is being described? consumer price index export price index producer price index import price index what is the primary tool used to measure inflation? consumer price index gross domestic product durable goods shipments gross national product how does a rise in life expectancy impact population growth? it slows population growth. it reverses population growth. it does not impact population growth. it increases population growth. why does nominal gross domestic product (gdp) sometimes seem larger than real gdp? real gdp counts only final products, whereas nominal gdp does not. real gdp counts imports, whereas nominal gdp does not. real gdp includes inflation in its calculation, whereas nominal gdp does not. real gdp uses an accurate calculation, whereas nominal gdp does not. why does nominal gross domestic product (gdp) sometimes seem larger than real gdp? real gdp counts only final products, whereas nominal gdp does not. real gdp counts imports, whereas nominal gdp does not. real gdp includes inflation in its calculation, whereas nominal gdp does not. real gdp uses an accurate calculation, whereas nominal gdp does not. what impact can government policies have on the business cycle? policies that lower interest rates may cause an economic contraction. policies that decrease spending may cause an economic expansion. policies that raise interest rates may cause an economic contraction. policies that lower taxes may cause an economic contraction. what is true regarding seasonal unemployment? it is much harder to predict than other types of unemployment. it is likely to last longer than other types of unemployment. it is not as troubling to the government as other types of unemployment. it has negative costs similar to those of other types of unemployment. read the sentence. the cost of lumber has increased 145 percent since last quarter. what is the most likely outcome in the furniture market? the market will see a rapid rise in inflation because inelastic products respond quickly to market forces. the market will see cost-push inflation because the increased cost of inputs force prices higher. the market will see demand-pull inflation because consumers need more of the product. the market will see no inflation because there has not been a change in personal income.