Which of the Following Organizations Was Created by the Bankers

question 24

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)Eximbank
• B)Private Export Funding Corporation
• C)Foreign Credit Insurance Association
• D)Bankers' Export Financing Association

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Definitions:

Capital Goods

Long-lasting goods that are used in the production of other goods and services and are not consumed in the immediate process of production.

Stock Of Money

The total amount of monetary assets available in an economy at a specific time, including cash, bank deposits, and liquid financial assets.

Balance Of Trade

The difference in value between a country's imports and exports over a certain period.

Gross Domestic Product

GDP is the total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period.