Export Intermediaries

question 57

Multiple Choice

Export intermediaries:

• A) help small businesses develop or expand their export markets.
• B) offer borrowers a maximum SBA-guaranteed portion of $1.75 million.
• C) are aimed at offsetting the added risks of doing business abroad, from complex trade rules to unpaid bills.
• D) provide lenders guarantees of up to 90 percent on export loans to ensure that qualified exporters do not lose viable export sales due to a lack of working capital.
• E) provide short-term financing or may purchase the goods to be exported directly from the manufacturer.

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Definitions:

Technology

The application of scientific knowledge for practical purposes, especially in industry, where it affects methods of production, communication, and transportation.

Natural Resources

Materials or substances that occur in nature which can be utilized for economic gain, such as minerals, forests, water, and fertile land.

International Trade

The exchange of goods, services, and capital across international borders or territories, driven by comparative advantage.

Economic Growth

An increase in the production of economic goods and services, compared from one period of time to another.