Question

    ‘Incoterms’ are published

    by-
    A World Bank Correct Answer Incorrect Answer
    B IMF Correct Answer Incorrect Answer
    C WTO Correct Answer Incorrect Answer
    D International Chamber of Commerce (ICC) Correct Answer Incorrect Answer
    E All of the above Correct Answer Incorrect Answer

    Solution

    Incoterms are trade terms published by the International Chamber of Commerce (ICC) that are commonly used in both international and domestic trade contracts. Incoterms, which is short for "international commercial terms," are used to make international trade easier by helping traders who are in different countries to understand one another.

    Practice Next