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on 1 mpany buys merchandise from a foreign company denominated in the foreign currency. The payment will be made in the next three Which of
on 1 mpany buys merchandise from a foreign company denominated in the foreign currency. The payment will be made in the next three Which of the following statements is true? oreign currency appreciates, a foreign exchange loss will result. reign currency depreciates, a foreign exchange loss will result. gn exchange gain or loss will result. eign currency appreciates, a foreign exchange gain will result
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