Terms of sale Incoterms are the internationally accepted standard definitions for terms of sale set by the International Chamber of Commerce(ICC)since 1936 n Incoterms exworks(EXW free carrier(FCA) free alongside ship(FAS) free on board(FOB) cost and freight(CF尺 Cost, Insurance and freight(CIF) delivered duty paid(DDP) delivered duty unpaid(DDU Copyright 2001 by Harcourt, Inc. All rights reservedCopyright © 2001 by Harcourt, Inc. All rights reserved. 11-7 Terms of Sale Incoterms are the internationally accepted standard definitions for terms of sale set by the International Chamber of Commerce (ICC) since 1936. Incoterms • exworks (EXW) • free carrier (FCA) • free alongside ship (FAS) • free on board (FOB) • cost and freight (CFR) • Cost, Insurance and freight (CIF) • delivered duty paid (DDP) • delivered duty unpaid (DDU)