Which of the Following Organizations Was Created by the Bankers

question 14

Multiple Choice

Which of the following organizations was created by the Bankers' Association for Foreign Trade to mobilize private capital for financing the export of big?ticket items by U.S. firms?

• A) the Ex Im Bank
• B) Private Export Funding Corporation
• C) Foreign Credit Insurance Association
• D) Bankers' Export Financing Association

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Definitions:

Transportation Costs

Expenses incurred for transporting goods or individuals from one location to another.

Deductible

An amount that can be subtracted from an individual's gross income or insurance claim, reducing the taxable income or payable sum.

Business Meeting

A gathering organized for the purpose of discussing and conducting business activities or matters.

Travel Away

The situation in which an individual is working or conducting business away from their normal workplace, potentially affecting tax deductions for travel expenses.