Question: Export - Import Bank ( Ex - Im bank ) is an independent agency of the United States government that facilitates and finances U .
ExportImport Bank ExIm bank is an independent agency of the United States government that facilitates and finances US export trade. ExIm bank's purpose is to provide financing in situations where private financial institutions are unable or unwilling to because of which of the following reasons:
i The loan maturity is too long.
ii The amount of the loan is too large.
iii The loan risk is too great.
iv The importing firm has difficulty obtaining hard currency for payment.
v There are no futures or forward contracts available for foreign exchange transactions.
Multiple Choice
i and ii
iii and iii
iiiiii and iv
iiiiiiiv and v
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