Foreign currency transactions include:A) sale of goods to a foreign buyer.B) purchase of goods from a foreign supplier.C) borrowing from a foreign lender where the loan is denominated in a foreign currency.D) all of the above.

Question

Foreign currency transactions include:A)  sale of goods to a foreign buyer.B)  purchase of goods from a foreign supplier.C)  borrowing from a foreign lender where the loan is denominated in a foreign currency.D)  all of the above.

Huber Coello · Accepted Answer

Final Answer : D, Explanation :  All of the choices listed involve transactions in foreign currencies:- Choice A involves selling goods and receiving payment in a foreign currency.- Choice B involves purchasing goods and paying for them in a foreign currency.- Choice C involves borrowing money in a currency that is not the same as the borrower's home currency.

Foreign currency transactions include:

A) sale of goods to a foreign buyer.
B) purchase of goods from a foreign supplier.
C) borrowing from a foreign lender where the loan is denominated in a foreign currency.
D) all of the above.

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