The Export-Import Bank of the United States' Battle Against Subsidized Export Credits

01 Jan 1991

The purpose of this article is multi-faceted. Part I provides an overview of the Export-Import Bank of the United States (Eximbank). Part II defines'and analyzes export credits. Part III describes how export credits encourage the promotion of exports. Part IV furnishes an overview of mixed credits. Part V focuses on the use of tied aid credits. Part VI explains which nations promote exports through the use of tied aid credits and mixed credits. Part VII discusses what type of exports are generally assisted by tied aid credits and mixed credits. Part VIII examines the various mechanisms which the Organisation for Economic Cooperation and Development (OECD) and the European Community use to regulate tied aid credits and mixed credits. Part IX explains the United States' response to the growth of tied aid credits and mixed credits. Finally, Part X concludes that the use of subsidized export finance threatens United States export sales. as well as "free export credits," and consequently, "free trade."