Incoterms: Assume your company is located in Kitchener, Ontario Canada and you are importing a consumer product from Berlin, Germany. You do not require insurance from the vendor, and E and D terms are not available in this scenario. (Reference: Week 3: eText Module 1. Unit 3 and Appendix A) In this section of your Report include the following information: a) Which Incoterm would you try and negotiate for this transaction to minimize your costs? (marked out of 5 points) b) Explain why you selected the Incoterm in the previous question, including the advantages and disadvantages. (marked out of 10 points) how transcribed image text
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