The Set of International Trading Rules That Set Out the Rights

question 74

Multiple Choice

The set of international trading rules that set out the rights and obligations of buyers and sellers in international trade is known as what?

• A) DFAIT
• B) FITT
• C) Incoterms
• D) The Paris declaration
• E) EMCs

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Definitions:

Initials

The first letters of each word in a person's name, often used as a shorthand or signature.

Complimentary Closing

A polite phrase used to conclude a letter or email before the sender's signature.

Business Letter

A formal document used for communication between companies or between a company and its clients, suppliers, or other stakeholders.

Closing

In business, refers to the final steps in completing a transaction or deal; in medicine, it can refer to the suturing or sealing of a wound or surgical incision.