Question

The Export-Import BankA) provides aid to underdeveloped countries and has limited protection in support of "essential" projects in approved countries and for approved products.B) provides credit insurance that minimizes nonpayment risk caused by financial, economic, or political uncertainties.C) is dedicated to helping U.S. business compete in the global marketplace.D) underwrites trade and investments for U.S. firms.E) provides risk insurance for companies investing in less-developed countries.

Answer 1

Answer: Option (D)

Step-by-step explanation:

The Export–Import Bank also known as the EXIM bank of United States is referred to as or known as official agency for export credit of US federal government. It is known to be operating as an unit that is wholly owned by the federal government organizations, the EXIM Bank tends to assists in the facilitating and financing the U.S. exports of commodity, goods and other services.