Which of the following statements is true of the Export Import Bank?
A) It is an international agency run by the WTO that provides capital to firms from emerging and developing economies.
B) It is a U.S. federal agency that provides direct loans to SMEs unable to raise money from other sources.
C) It is a branch of the EU that provides working capital loans to SMEs that are based in the economic bloc.
D) It is a privately owned bank that offers high interest loans to international firms with poor credit ratings.
Correct Answer:
Verified
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