The Export-Import Bank
A) is an international financial institution that provides loans for capital programs.
B) provides finance to facilitate cross-border trade between the United States and other countries.
C) is an independent agency of the United Nations.
D) focuses on policies that have an impact on the exchange rate and the balance of payments.

Question

Quizplus · Accepted Answer

The Export-Import Bank, often referred to as Ex-Im Bank, is a wholly owned U.S. government corporation that was established in 1934. Its mission is to assist in the financing of U.S. exports of products and services to support U.S. employment and market competitiveness.