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The 2000 revision of Incoterms took account of the spread of customs-free zones,the increased use of electronic communication,and the changes in transport practices.The new version offers a simpler and clearer presentation of the definitions of all the terms.As in the previous version, the trade terms of Incoterms 2000 are presented in a format which allows seller and buyer to follow a step-by-step process to determine their respective obligations.

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