Question

Explain briefly the objectives of export finance

Answer 1

Importance of Export Financing

by Walter Johnson; Updated September 26, 2017

Without exception, every country on the globe has some form of export financing or guarantee program. The point of this is to both encourage exports and boost the profitability of the domestic firms involved in exporting. The importance of this sort of financing is difficult to exaggerate, since so much hard currency is earned through exports. Entire economies, such as the Korea or Chinese, are based around exports. Export financing has helped turn third world countries into international economic powerhouses.

I hope it help you...

Please mark me brainlist.....

Answer 2

hiii,..........Without exception, every country on the globe has some form of export financing or guarantee program. The point of this is to both encourage exports and boost the profitability of the domestic firms involved in exporting. The importance of this sort of financing is difficult to exaggerate, since so much hard currency is earned through exports. Entire economies, such as the Korea or Chinese, are based around exports. Export financing has helped turn third world countries into international economic powerhouses.