Which of the following organizations was created by the Bankers' Association for Foreign Trade to mobilize private capital for financing the export of big?ticket items by U.S.firms?
A)Eximbank
B)Private Export Funding Corporation
C)Foreign Credit Insurance Association
D)Bankers' Export Financing Association

Question

Quizplus · Accepted Answer

The Private Export Funding Corporation was created by the Bankers' Association for Foreign Trade in 1970 to mobilize private capital for financing the export of big-ticket items by U.S. firms. Eximbank, Foreign Credit Insurance Association, and Bankers' Export Financing Association are all separate entities with different purposes.

Which of the Following Organizations Was Created by the Bankers