Foreign Commerce Study |
From inside the book
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Page 3
... risks in order to encourage private com- panies to offer guarantees or insurance with respect to the normal busi- ness or commercial credit risks . At the present time , two private insurance companies in the United States offer limited ...
... risks in order to encourage private com- panies to offer guarantees or insurance with respect to the normal busi- ness or commercial credit risks . At the present time , two private insurance companies in the United States offer limited ...
Page 5
... credit risk , itself ; yes , sir . Senator PASTORE . Yes . Mr. WAUGH . Political risk guarantee . In cases in which the ex- porter or his commercial bank is prepared to provide the financing and to assume the commercial credit risks ...
... credit risk , itself ; yes , sir . Senator PASTORE . Yes . Mr. WAUGH . Political risk guarantee . In cases in which the ex- porter or his commercial bank is prepared to provide the financing and to assume the commercial credit risks ...
Page 28
... risk that could be spread over worldwide chances with very little likelihood of losing anything . This gives an umbrella of the sort that private industry cannot take on normal credit insurance . This is what the little exporter wants ...
... risk that could be spread over worldwide chances with very little likelihood of losing anything . This gives an umbrella of the sort that private industry cannot take on normal credit insurance . This is what the little exporter wants ...
Page 30
... risk , when we guarantee all the risks or when we guarantee the political risks . I understood Senator Mon- roney's ... credit , that is , transactions from 180 days up to 5 years the commercial banks have generally assisted the exporter ...
... risk , when we guarantee all the risks or when we guarantee the political risks . I understood Senator Mon- roney's ... credit , that is , transactions from 180 days up to 5 years the commercial banks have generally assisted the exporter ...
Page 31
... risks . Devaluation does not always cause the buyer to become insolv- ent ... credit and devaluation , that the buyer was unable eventually to make the ... credit beyond his true means . Senator MONRONEY . These commercial insurers of the ...
... risks . Devaluation does not always cause the buyer to become insolv- ent ... credit and devaluation , that the buyer was unable eventually to make the ... credit beyond his true means . Senator MONRONEY . These commercial insurers of the ...
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Common terms and phrases
abroad agency American Export Credit amount applications AREY Argentina assistance basis Brazil buyer capital Chairman commercial attachés commercial banks commercial credit risks commercial risks competition competitors Confirming House Contract countries cover coverage Credit Guarantee Corporation credit terms currency customers dollars economic equipment European exchange transfer Exim Eximbank export credit facilities Export Credit Guarantee export credit insurance export sales Export-Import Bank Federal firms foreign trade funds Guarantors Import Bank industry institutions interest invoice value involved Latin America limited loans loss LURIE machinery markets ment million offered operation oversea participation percent Philippines pilot corporation political risk premium problem proposed question respondents SCAFURO sell Senator MONRONEY Senator PASTORE Senator YARBOROUGH short-term specific Specified Exports statement suppliers textile tion transactions U.S. dollars U.S. export U.S. Government U.S. manufacturers U.S. products U.S. Senate U.S. Treasury underwriting United United Kingdom WAUGH
Popular passages
Page 90 - Act, as amended, is amended — ( 1 ) by striking out the period at the end of "paragraph (5) "and inserting in lieu thereof "; and"; and (2) by adding after paragraph (5) a new paragraph as follows: "(6) to make such loans (either directly or in cooperation with banks or other lending institutions through agreements to participate on an immediate or deferred basis) as the Administration may determine to be necessary or appropriate to assist any small business concern...
Page 80 - Contractor ; smoke ; sprinkler leakage ; earthquake or volcanic eruption ; flood, meaning thereby rising of a body of water ; hostile or war-like action, including action in hindering, combating, or defending against an actual, impending or expected attack...
Page 2 - Washington (hereinafter called the "bank") is to aid in financing and to facilitate exports and imports and the exchange of commodities between the United States and any of its territories and insular possessions and any foreign country or the agencies or nationals thereof.
Page 85 - Administration of the administrative supervision of the Federal land banks, the banks for cooperatives, the Federal intermediate credit banks, and the...
Page 87 - Government-sponsored enterprises: The Federal Deposit Insurance Corporation, the Federal home loan banks, the Federal land banks, the banks for cooperatives, and the Federal intermediate credit banks.
Page 88 - The Congress hereby declares that the purposes of this title are to establish in the Federal Government a secondary market facility for home mortgages, to provide that the operations of such facility shall be financed by private capital to the maximum extent feasible, and to authorize such facility to — (a) provide supplementary assistance to the secondary market for home...
Page 137 - Mr. Chairman, if you have any questions I will be glad to try to answer them, or Mr.
Page 88 - All patronage refunds shall be paid in the proportion that the amount of interest earned on the loans of each borrower bears to the total interest earned on the loans of all borrowers during the fiscal year.
Page 80 - ... hostile or warlike action in time of peace or war, including action in hindering, combating or defending against an actual, impending or expected attack...