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INTERNATIONAL BUSINESSName:Grade Course:Tutor`s Name: (16th, July, 2011)International BusinessWhat are the common terms of sale quoted by exporters? For each, explain to what point the seller must pay transportation and delivery costs. Where the responsibility for does lost or damage pass to the buyer?The common quotes of sales that are quoted by exporters are widely used in the export business. The terms are provided by service providers and are essential in designing the pricing worksheet and performing an effective cost analysis ( HYPERLINK "http://www.google.co.ke/search?tbo=p&tbm=bks&q=inauthor:%22DIANE+Publishing+Company%22&source=gbs_metadata_r&cad=7" Diane Publishing Company (1994)). Commonly used terms include:- Cost, Ins, freight: The seller quotes a price for the goods, all transportation and mislleneous charg...