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Question

1. What is Export-Import Bank (Ex-Im Bank)?

2. Why has the Ex-Im Bank been unable to approve all deals since December 2015?

3. What position has President Donald Trump recently taken with respect to the Ex-Im Bank?

4. What are the benefits and concerns about the Ex-Im Bank? 

Export Import Bank.pdf
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Solution Preview

Ex-Im Bank is a government corporation which provide financing to the firms because other financial lenders aren’t ready to take the risk of lending. This entity doesn’t compete with the private firms, but to boost the export it finances and insures foreign purchases

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