Homework answers / question archive / Corporation ABC signed on a new, large distributor

Corporation ABC signed on a new, large distributor

Finance

Share With

Corporation ABC signed on a new, large distributor. This distributor is well versed in exporting from the US and prefers using their appointed trucking service to collect the goods from Corporation ABC’s warehouse in Los Angeles. They use an export agent to send the goods from the port of New York to their location in Tel Aviv, Israel. The buyer has agreed to pay additional costs for Corporation ABC to load the truck at Corporation ABC’s premises. The buyer will be responsible both for exporting out of the US and importing into Israel.

What INCOTERM should be used? Choose from FOB, DAP or EXW.