African companies will find it easier to gain access to financing from the U.S.Export-Import Bank due to:
A) AGOA.
B) GATT.
C) SADC.
D) TDCA.
E) SACU.

Question

Quizplus · Accepted Answer

AGOA, the African Growth and Opportunity Act, is a U.S. trade law that provides preferential access to the U.S. market to eligible African countries. The law includes provisions for financing opportunities through the U.S. Export-Import Bank, which helps African businesses access financing for exports to the U.S. This makes option A the best choice. The other options listed (B) GATT, (C) SADC, (D) TDCA, and (E) SACU, are all trade agreements or regional organizations that do not specifically address financing from the U.S. Export-Import Bank.

African Companies Will Find It Easier to Gain Access to Financing