Practice makes a man perfect. So let’s solve some CDCS sample questions. These CDCS practice questions are not an actual representation of questions that will be asked in the CDCS exam. However these will help you to test your understanding of the concepts learned. For your convenience, at the top of the post, we have … Read more
In this post we’ll discuss Incoterms 2020 for CDCS exam in simple words. Incoterms 2020 is published by International Chamber of Commerce (ICC). What are Incoterms? Incoterms stands for International Commercial Terms. These are a set of standard rules which defines the rights and responsibilities of importer and exporter in a trade transaction. The latest … Read more
UCP 600 stands for “Uniform Customs and Practice for Documentary Credits, 600.” It is a set of rules published by the International Chamber of Commerce (ICC) that govern the use of documentary credits in international trade. A documentary credit or a letter of credit is a financial instrument that acts as a guarantee of payment … Read more
