CARM: What all importers need to know about CARM

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Terminology

C

C-TPAT, Customs-Trade Partnership Against Terrorism

A cooperative program between private industry and US Customs and Border Protection aimed at enhancing border and trade chain security.

Quick Tip #57
When Incoterms are incomplete

The shipping term FOB (Free on Board) is incomplete when the port of shipment and country are omitted. Moreover, you could end up paying extra if an incorrect assumption (guess) is made about your port of shipment (many countries have multiple ports of shipment).

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