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good day this is our discussions for foreign currency transactions or accounting for foreign currency transactions also known as forex transactions so forex is same as foreign currency or forex is a shorthand version of foreign currency all right so allow me to show to you the pdf file of accounting for foreign currency transactions from guerreros book now it is normal for a company to really grow and such would enter into imports and exports so purchase of goods from abroad and sale of goods to other countries which are called imports and exports respectively so the company really is experiencing growth that it expanded or expands its operations worldwide because also of like less stringent or less strict for example regulations and tariffs for globalization and internationalization and safety protocols have been in place for the participants or lets just say friendly mechanisms are there in the market so thats why more businesses are involved in such and this is also the reason wh
