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Mark T Smith / Secret Societies / Frederick Holmes and CompanyMark Smith
These are the images from Mark T Smith's exhibition at Frederick Holmes and Company in Seattle. The show opens on Thursday June 5th, 2014 and is on exhibit through the summer.
Have you ever wondered about the meaning of commodity trading terms, or Incoterms? FOB…DES…DDP. Say What?!?
Incoterms were established by the International Chamber of Commerce (ICC), a non-governmental organization, to standardize the interpretation of major trade terms.
Sales contracts using Incoterms define the obligations and risks of both the seller and the buyer. The obligations cover the period while the merchandise is in transit, whether by land, sea, air or a combination of modes.