Through Its Export Credit Insurance Program, Eximbank Helps U

question 61

Multiple Choice

Through its Export Credit Insurance Program, Eximbank helps U.S. exporters develop and expand their overseas sales by

• A)protecting them against loss should a foreign buyer default.
• B)guaranteeing the loans made by private financial institutions to foreign importers.
• C)providing liquidity via the purchase of notes issued by Eximbank to finance the loans.
• D)none of the above

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Definitions:

Inflation Rate

measures the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

1960s

Refers to the decade from 1960 to 1969, characterized by significant social, political, and cultural changes worldwide.

1970s

A decade characterized by significant political, social, and economic changes worldwide, including the end of the Vietnam War and the oil crisis.

Unemployment Rate

The share of the labor market that is unoccupied but searching for jobs.