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A buyer has been tasked with placing an order for steel from another country and...

A buyer has been tasked with placing an order for steel from another country and using Incoterms for the delivery. The buyer's organisation has an in-house transportation and export clearance department. During negotiations, the buyer achieved a 25% cost reduction by accepting responsibility to arrange loading, transportation, and export clearance. Which Incoterm has been agreed?

A.

CIP - Carriage and Insurance Paid

B.

FOB - Free on Board

C.

FCA - Free Carrier

D.

EXW - Ex Works

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