The bank that has a direct lending operation under which it lends dollars to foreign borrowers for use in purchasing U.S.exports is called the
A)Department of Commerce.
B)World Bank.
C)Ex-Im Bank.
D)Bank of New York.
E)Small Business Administration.

Question

Quizplus · Accepted Answer

The Ex-Im Bank, or Export-Import Bank, is a government agency that provides financing and insurance to support the export of U.S. goods and services. One of its operations is direct lending to foreign borrowers for the specific purpose of purchasing U.S. exports.

The Bank That Has a Direct Lending Operation Under Which