Discuss the use of Incoterms in international trade. At a minimum, address aspects such as the value Incoterms bring to an agreement, the advantages or disadvantages of using a specific Incoterm, and what companies need to know when using Incoterms.
Information from the International Chamber of Commerce about the newest Incoterms 2020 is available at their site: Which Incoterms rule should I use?