In the United States, domestic taxpayers bear the cost of export credit insurance and export financing provided by institutions like the FCIA and Eximbank to foreign buyers in order to create employment and maintain a technological edge.

Question

Quizplus · Accepted Answer

The statement is true. Domestic taxpayers do bear the cost of export credit insurance and export financing provided by institutions like the FCIA and Eximbank to foreign buyers in order to support exports, which creates employment and maintains technological edge.

In the United States, Domestic Taxpayers Bear the Cost of Export