In a(n) ________________ incoterm, the buyer bears all the costs and risks, arranges for shipping, but the seller clears the goods for export.

The correct choice describes an incoterm in which the buyer is responsible for all costs and risks associated with shipping the goods, while the seller is tasked with clearing the goods for export. In this context, the appropriate incoterm that fits this description is "Free on Board" (FOB).

In a FOB arrangement, the seller's obligations end once the goods are loaded onto the vessel at the designated port. After that point, the buyer assumes responsibility for the goods, including the costs of transportation, insurance, and any risks involved during transit. This means that while the seller facilitates the logistics to ensure the goods are export ready, the buyer takes charge of the entire shipping process and bears any associated risks and costs from that moment forward.

The other incoterms do not align with this specific arrangement. For instance, "Ex Works" (EXW) puts the onus on the buyer right from the start, including export clearance, while "Cost, Insurance and Freight" (CIF) obligates the seller to bear those costs up to the destination port. "DYT" is not a recognized or commonly used incoterm in international trade. Thus, the definition provided in the question clearly corresponds to the responsibilities outlined under FOB,