| Trends in U.S. Agricultural Export Credit Guarantee Programs and P.L. 480, Title I, Fy 1992-Fy 2002 Contributor(s): Canada, Carol (Author) |
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ISBN: 1288671482 ISBN-13: 9781288671489 Publisher: Bibliogov OUR PRICE: $13.28 Product Type: Paperback Published: January 2013 |
| Additional Information |
| BISAC Categories: - Political Science |
| Physical Information: 0.05" H x 7.44" W x 9.69" (0.13 lbs) 22 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: Export credit guarantee programs operated by the Commodity Credit Corporation (CCC) and P.L. 480, Title I, supported 7% or $3.7 billion of total agricultural exports of $53 billion in FY2002. Over the 11-year period from FY1992 to FY2002, CCC export credit guarantee programs and P.L. 480, Title I food aid programs have been used to finance agricultural commodity exports to over 100 countries. In FY2002, funding for export credit guarantee programs was $3.4 billion and funding for P.L. 480, Title I, was $102 million. Export credit guarantee programs are used to encourage, increase, and maintain U.S. exports in countries where credit is used, but such exports would not be feasible without a guarantee. P.L. 480, Title I, uses long term credit agreements to facilitate government-togovernment purchases of agricultural commodities by developing countries with the potential to become commercial markets. |
