IJSSH 2017 Vol.7(7): 463-466 ISSN: 2010-3646
doi: 10.18178/ijssh.2017.V7.867

Analysis of CPT International Trade Terms from the Perspective of Risk and Cost

Yi’nan Ren
Abstract—Trade terms, also known as price terms, are the technical terms that describe the risks involved in the delivery of goods, and the division of liability costs. With the emergence of new shipping method like container transport, freight transport is no longer confined to water transport. Since the introduction of trade terms, FCA, CPT, CIP gradually improve and become mature after years of development. This paper attempts to compare CPT with CFR, FCA, CIP, and grasp the similarities and differences between them, so as to better understand the risk transfer and the cost division in CPT trade terms.

Index Terms—Trade terms, CPT, risk, cost.

Yi’nan Ren is with the Faculty of Humanities and Social Sciences, North China Electric Power University, Beijing, China (e-mail: renyinan960226@126.com).

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Cite: Yi’nan Ren, "Analysis of CPT International Trade Terms from the Perspective of Risk and Cost," International Journal of Social Science and Humanity vol. 7, no. 6, pp. 463-467, 2017.

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