Why Was the Export Trading Company Act Established

Multiple Choice

Why was the Export Trading Company Act established?

A) To limit the monopoly like power of certain industries.
B) To regulate exports of products that affect for policy, such as weapons and technology products.
C) To encourage the formation of export trading companies in order to promote U.S. exports.
D) To eliminate double taxation of U.S. based firms exporting to or operating in foreign countries.