Which is the principal government agency responsible for aiding the export of American goods and services through a variety of loan,guarantee,and insurance programs?
A) U.S. Export-Import Bank (Ex-Im Bank)
B) Overseas Private Investment Corporation (OPIC)
C) Foreign Sales Corporation (FSC)
D) Major League Baseball (MLB)

Question

Quizplus · Accepted Answer

The U.S. Export-Import Bank (Ex-Im Bank) is the principal government agency that provides loans, guarantees, and insurance programs to support U.S. exporters. Ex-Im Bank provides direct loans to foreign buyers of U.S. exports and intermediary loans to responsible parties, such as a foreign government lending agency that relends to foreign buyers of capital goods and related services.

Which Is the Principal Government Agency Responsible for Aiding the Export