Repayment of medium- and long-term loans that U.S.commercial banks make to foreign borrowers for purchasing U.S.exports is guaranteed by the
A)United Nations.
B)Central Bank.
C)World Bank.
D)Ex-Im Bank.
E)Export Credit Insurance Association.

Question

Quizplus · Accepted Answer

Repayment of medium- and long-term loans that U.S. commercial banks make to foreign borrowers for purchasing U.S. exports is guaranteed by the Ex-Im Bank (Export-Import Bank of the United States). The Ex-Im Bank provides insurance and loan guarantees to support U.S. exports and help businesses compete in the global marketplace.

Repayment of Medium- and Long-Term Loans That U