- Describe Lex Mercatoria and discuss how it has transformed over the centuries and is used today in international commercial law and arbitration.
- Describe why arbitration is fast becoming the preferred way of resolving disputes between international partners over litigation. Describe at least three reasons.
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- A shipment for export with the Incoterm Cost and Freight (CFR) Memphis Airport has been received. Is this usage correct? If not, which Incoterm is correct?
- What are the similarities and differences between the following?
a. CIF and CIP
b. CFR and FOB
include questions and APA citation
please reference book:
International Logistics: The Management of International Trade Operations
Pierre A. David