All of the following are true of the Export-Import Bank except:
A)it provides total coverage against political risks.
B)it is an independent agency of the U.S.government.
C)it is also known as Eximbank.
D)it has a direct lending operation.

Question

Quizplus · Accepted Answer

The Export-Import Bank provides insurance coverage against political risks, but not total coverage. Therefore, statement A is not true. All the other statements are true.

All of the Following Are True of the Export-Import Bank