Which of the Following Statements Is Most Correct

Multiple Choice

Which of the following statements is most correct?

A) The Export-Import Bank is a United States government-sponsored institution which is owned by member banks that deal in financing foreign trade.
B) Foreign exchange markets can be characterized most properly as a communication network among many financial institutions than as an identifiable geographic location.
C) When a financial institution with accounts abroad sells claims against those accounts, it must replenish those accounts by borrowing abroad or shipping currency.
D) The banker's sight draft is the most expensive way to purchase a claim to foreign exchange.