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1. The U.S. Export-Import Bank (ExImbank), which promotes U.S. exports through loan guarantees and insurance programs,...

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Finance

1. The U.S. Export-Import Bank (ExImbank), which promotes U.S.exports through loan guarantees and insurance programs, has beencriticized for favoring corporate interests ahead of the interestsof U.S. taxpayers. Should taxpayers be supporting the exports oflarge U.S. MNEs?

2. Is it appropriate for MNEs to establish operations abroadsolely for the purpose of avoiding taxation?

Please discuss your thoughts and comments.

Answer & Explanation Solved by verified expert
3.9 Ratings (698 Votes)
1 Industries and companies which can are export centric ultimately generates a large amount of employment and also adds to the economic growth of the country They also help in earning precious foreign exchange This    See Answer
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1. The U.S. Export-Import Bank (ExImbank), which promotes U.S.exports through loan guarantees and insurance programs, has beencriticized for favoring corporate interests ahead of the interestsof U.S. taxpayers. Should taxpayers be supporting the exports oflarge U.S. MNEs?2. Is it appropriate for MNEs to establish operations abroadsolely for the purpose of avoiding taxation?Please discuss your thoughts and comments.

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