CAN AMERICA WIN LA GUERRE?
A war is brewing between the Americans and the French over the developing art of mixed credits, the blending of development aid with export credit.
The Americans accuse the French of using these credits to create unbeatable bids in the battle for foreign business.
For years the Americans stood back and complained, but last November the US Eximbank decided to meet the French headon with a volley of bids backed by mixed credits.
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