Mathematics, 14.06.2021 05:30 glocurlsprinces
Which of the following combinations correctly describes the relationship between foreign currency transactions, exchange rate changes, and foreign exchange gains and losses? Please provide example to prove your answer.
Types of Transaction Foreign Currency Foreign Exchange Gain or Loss
A Export sale Appreciates Loss
B Import purchase Appreciates Gain
C Import purchase Depreciates Gain
D Export sale Depreciates Gain
Answers: 3
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