The USGovernment Agency That Provides Guarantees on Loans or Credit Terms

question 16

Multiple Choice

The U.S.government agency that provides guarantees on loans or credit terms made by U.S.commercial banks or U.S.exporters to foreign buyers of U.S.made merchandise called:

• A) The World Bank.
• B) Eximbank.
• C) Commodity Credit Corporation.
• D) The Foreign Credit Insurance Association.

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Definitions:

Publicity

It involves creating awareness about a product, service, or company in the public domain, often through media coverage, without direct payment.

Credible

Being believable or worthy of trust, often based on a proven track record or evidence.

Penetration Pricing

A pricing strategy where a product is initially offered at a lower price to attract customers and gain market share.

Market Acceptance

The degree to which a new product or service is embraced and used by consumers in a target market.