The Export-Import Bank provides financing aid to prospective U.S. expo

QUESTION

The Export-Import Bank provides financing aid to prospective U.S. exporters

Indicate whether the statement is true or false.

ANSWER

TRUE
Prospective U.S. exporters can draw on two forms of government-backed assistance to help finance their export programs. They can get financing aid from the Export-Import Bank and export credit insurance from the Foreign Credit Insurance Association