An Export-Import Bank Is A(n)

question 20

Multiple Choice

An Export-Import Bank is a(n)

• A) organization that provides secure communications for trade documents.
• B) derivatives market run by a syndicate of large banks.
• C) organization that provides large,wholesale dollar payments services for governments.
• D) U.S.government export finance agency that seeks to level international competition.
• E) large global bank that makes loans exclusively to international firms.

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Definitions:

Hot Dog

A cooked sausage, traditionally grilled or steamed, usually served in a sliced bun as a sandwich.

Slope

The measure of the steepness or incline of a line, often calculated as the ratio of the vertical change to the horizontal change.

Budget Constraint

Represents the combinations of goods and services a consumer can purchase with their income at current prices.

Prices

The amount of money or exchange value that is asked for goods and services in the market.