I believe having an export-import bank to assist US companies for their services

Question

I believe having an export-import bank to assist US companies for their services/products segmentation and opportunities will bring in a good entrepreneurship development within the country. Large companies can approach but small companies always struggle for the advise where this bank can guide those in need and provide them with a SWOT analysis in more meaningful way than any other. It will also guide on regulations and documentations that needs to be fulfilled which will allow for smooth export-import.

Thus Bank enables an individual seeking a guidance and will definitely be a good call for setting up such entities on larger scale.

Explanation / Answer

Lulu’s Dessert used the U.S. Export-Import Bank services to help with knowledge and market segmentation for her desserts as a part of exporting the company products. The Ex-Im Bank receives lots of positive and negative reviews in the United States; do you think it is helpful that the United States has an export-import bank to assist U.S. companies?

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