A government-sponsored institution that is intended to assist the import and export activities with the country by providing information,financing,and insurance is called a(n):

Question

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An export-import bank is a government-sponsored institution that provides support to import and export activities in a country by providing information, financing, and insurance. It helps in reducing the risks associated with international trade and promotes a country's economic growth. Trade improvement councils and foreign trade organizations are non-governmental entities, and the foreign exchange market is a market where different currencies are traded.

A Government-Sponsored Institution That Is Intended to Assist the Import