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Web links to important articles explaining general concepts in international trade are listed below. The list is added to frequently.  Methods of Payment in international trade:   Documents against Acceptance How reliable the terms of payment in exports Is DP terms of payment safe in export business? How does Letter of Credit

International Commercial Terms of International Chamber of Commerce INCOTERMS INCOTERMS — International Commercial Terms — are three-letter trade terms developed by International Chamber of Commerce and widely used in international and domestic contracts for the sale of goods. They're accepted by governments and shippers worldwide, and are used to prevent uncertainty or misunderstandings. INCOTERMS® specify the