DAP, FCA, EXW - what do these terms mean?

I am not sure what the question is but DAP, FCA, and EXW are Incoterms (International Commercial Terms) set by the International Chamber of Commerce (ICC). These terms define standard trade terms used in international shipping to clarify the responsibilities of buyers and sellers. Here is what each term means:

1. DAP (Delivered at Place):Meaning: The seller is responsible for delivering the goods to a specified destination. The seller covers all costs and risks until the goods reach that destination.Responsibilities: The seller handles transportation and bears the risk until delivery. The buyer is responsible for import duties and further transportation from the delivery point.Meaning: The seller is responsible for delivering the goods to a specified destination. The seller covers all costs and risks until the goods reach that destination.Responsibilities: The seller handles transportation and bears the risk until delivery. The buyer is responsible for import duties and further transportation from the delivery point.

2. FCA (Free Carrier):Meaning: The seller delivers the goods, cleared for export, to the carrier or another person nominated by the buyer at the seller’s premises or another named place.Responsibilities: The seller handles the export clearance and delivery to the carrier. The buyer takes on costs and risks once the goods are handed over to the carrier.Meaning: The seller delivers the goods, cleared for export, to the carrier or another person nominated by the buyer at the seller’s premises or another named place.Responsibilities: The seller handles the export clearance and delivery to the carrier. The buyer takes on costs and risks once the goods are handed over to the carrier.

3. EXW (Ex Works):Meaning: The seller makes the goods available at their premises (e.g., factory, warehouse). The buyer is responsible for all transportation costs and risks from that point onward.Responsibilities: The buyer handles all arrangements for export, transportation, and import. The seller’s responsibility ends once the goods are made available at their location.Meaning: The seller makes the goods available at their premises (e.g., factory, warehouse). The buyer is responsible for all transportation costs and risks from that point onward.Responsibilities: The buyer handles all arrangements for export, transportation, and import. The seller’s responsibility ends once the goods are made available at their location.

These terms help define the logistical and financial responsibilities between buyers and sellers in international trade, ensuring clarity and reducing disputes.