Opinion

Export-Import Bank 101: The ‘it makes a profit’ argument

By Timothy P. Carney
Published July 29, 2014 7:29pm ET
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Export-Import Bank 101: The ‘it makes a profit’ argument
Export-Import Bank logo

Defenders of the Export-Import Bank argue that the agency is profitable.

This argument convinces some people to support (or at least tolerate) Ex-Im. It shouldn’t.

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Export-Import Bank Timothy P. Carney