Why Is Eximbank Financing Often Referred to as Financing of "Last

question 19

Multiple Choice

Why is Eximbank 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 Eximbank authorizes loans for only the worst credit risks