Economics · International Business
According to the classification of Incoterms 2020, which of the following statements is correct regarding the categories of terms?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1There are specific terms suitable for transport by sea and inland waterways only✓
- 2All eleven terms are strictly applicable to maritime transport only
- 3There are terms suitable for transport by rail and road only
- 4There are terms suitable for transport by air only
Correct answer
There are specific terms suitable for transport by sea and inland waterways only
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