As Part of Ex-Imbank's Export Credit Insurance Programs, A(an) ____

question 1

Multiple Choice

As part of Ex-Imbank's export credit insurance programs, a(an) ____ policy is generally issued to an administrator, such as a bank, trading company, insurance broker, or government agency, who then administers the policy for multiple exporters.

• A) multiple-buyer
• B) single-buyer
• C) small business
• D) umbrella

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Definitions:

National Debt

The total amount of money that a country’s government has borrowed by issuing securities and not yet repaid.

Export

Goods or services produced in one country and sold to customers in other countries.

Managed Floating Exchange Rate

A foreign exchange policy wherein a country's central bank intervenes to manage its currency's value without a specific or fixed exchange rate target.