Which of the following refers to the Direct Loan Program provided by the Export-Import Bank of the United States? a) Encouraging commercial lenders to make short-term working capital loans to U.S. exporters. b) Providing short-term or medium-term insurance policies covering both comprehensive commercial and political credit risks, or only specific political risks. c) Guaranteeing the loans made by private financial institutions to foreign importers. d) Providing credits to foreign buyers of U.S. exports.
Which of the following refers to the Direct Loan Program provided by the Export-Import Bank of the United States? a) Encouraging commercial lenders to make short-term working capital loans to U.S. exporters. b) Providing short-term or medium-term insurance policies covering both comprehensive commercial and political credit risks, or only specific political risks. c) Guaranteeing the loans made by private financial institutions to foreign importers. d) Providing credits to foreign buyers of U.S. exports.
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter20: The Global Economy
Section: Chapter Questions
Problem 20AA
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Which of the following refers to the Direct Loan Program provided by the Export-Import Bank of the United States?
a) Encouraging commercial lenders to make short-term working capital loans to U.S. exporters.
b) Providing short-term or medium-term insurance policies covering both comprehensive commercial and political credit risks, or only specific political risks.
c) Guaranteeing the loans made by private financial institutions to foreign importers.
d) Providing credits to foreign buyers of U.S. exports.
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