questions – 3.3

Chapter 5:

  1. Describe Lex Mercatoria and discuss how it has transformed over the centuries and is used today in international commercial law and arbitration.
  2. Describe why arbitration is fast becoming the preferred way of resolving disputes between international partners over litigation. Describe at least three reasons.

Chapter 6:

  1. A shipment for export with the Incoterm Cost and Freight (CFR) Memphis Airport has been received. Is this usage correct? If not, which Incoterm is correct?
  2. What are the similarities and differences between the following?
    a. CIF and CIP
    b. CFR and FOB

include questions and APA citation

please reference book:

International Logistics: The Management of International Trade Operations

Pierre A. David
ISBN-13: 978-0989490603

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