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Many countries have recently taken initiative to replace their cars by electric cars in a pursuit to reduce greenhouse gas emissions. The government of Luxembourg
Many countries have recently taken initiative to replace their cars by electric cars in a pursuit to reduce greenhouse gas emissions. The government of Luxembourg recently approached Electri-Car to obtain favorable pricing on a fleet of cars that it will purchase to replace all government owned vehicles. It has also asked Electri- Car to finance its purchase over a period of eight years. Considering Electri-Car is not large enough to provide financing, which of the following agencies can it leverage to finance the government of Luxembourg? A) International Monetary Fund B) Italian Export Credit Agency (SACE) C) European Development Bank D) European Central Bank
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