The Export-Import Bank of the United States encourages American firms to sell overseas by providing direct loans and loan guarantees to foreign purchasers of American goods.To American firms,this represents a:

Question

Quizplus · Accepted Answer

The Export-Import Bank of the United States provides support to American firms selling overseas by offering direct loans and loan guarantees to foreign purchasers of American goods. This is an example of an export subsidy, which aims to make American products more attractive to foreign buyers by reducing the cost of purchasing these goods.

The Export-Import Bank of the United States Encourages American Firms