Why is Ex-im Bank financing often referred to as financing of "last resort?"
A) it will not provide financing unless the U.S.exporter is doing business in more than one country
B) it will not provide financing unless private capital is unavailable
C) fees are extremely high for guarantees and insurance
D) the Ex-Im Bank authorizes loans for only the worst credit risks
Correct Answer:
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Q1: When factoring is done on a nonrecourse
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Q3: An exporter shipping goods to a nation
Q5: The document in international trade that may
Q6: The document in international trade that contains
Q7: Which one of the following is an
Q8: Which of the following payment methods provides
Q9: The only U.S.agency dedicated solely to financing
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