The U.S. Export-Import Bank, Economics short essay
The U.S. Export-Import Bank was established in 1943to assist American companies in exporting their products to foreign markets. The Bank uses a variety of measures, most commonly direct loans and loan guarantees, to help foreign companies to purchase from American companies. For this assignment, you are to read the debate from the Wall Street Journal link to below and write a 2-3 page paper (double spaced, a minimum of 500 words) on whether the Bank benefits the American economy overall. There is no right or wrong answer to the question; I want you to read and think about this, and provide your thoughts: Why is the issue of assistance to small businesses (as opposed to large businesses) being emphasized so much here? If exporting firms are able to sell more and hire more Americans to work for them, does this necessarily mean the nation is better off? Does the fact that other nations subsidize their firms looking to export, mentioned in the debate and which I can stipulate for you is definitely true, affect your assessment of whether the Bank is good or bad for America?
No Plagiarism~ Using simple vocabulary is enough. If you need to use references, Please cite in MLA format.
