This study module is intended for second-year students of logistics at the TTK/UAS. Given that a knowledge of trade terms is an important part of international business transactions, the module can be integrated in any business English syllabus.The module is designed for independent study. It contains a reading selection on incoterms 2000, a glossary of essential terminology both in Estonian and English and a number of different exercises for practice and self-assessment.Final assessment should be carried out in the classroom through both discussions and a written test.Upon completion of the module, students should ... know the English terminology of trade terms; be able to describe the meaning of different terms; have learned to use correct prepositions in the content-related expressions.