The ____ is a private corporation owned by a consortium of commercial banks and industrial companies, but the ____ is a self-sustaining government agency.
A) Overseas Private Investment Corporation (OPIC) ; Private Export Funding Corporation (PEFCO)
B) Private Export Funding Corporation (PEFCO) ; Overseas Private Investment Corporation (OPIC)
C) Private Export Funding Corporation (PEFCO) ; Ex-Imbank
D) Overseas Private Investment Corporation (OPIC) ; Ex-Imbank
Correct Answer:
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Q29: The risk to the exporter is highest
Q30: In _, the exporter sells accounts receivable
Q31: An irrevocable L/C obligates the issuing bank
Q32: All types of foreign trade transactions in
Q33: Under a letter of credit arrangement, the
Q35: A(n) _ letter of credit is not
Q36: A _ is an unconditional promise drawn
Q37: Which of the following is not true
Q38: As part of Ex-Imbank's export credit insurance
Q39: The Direct Loan Program is administered by
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