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What is an international transaction?

What is an international transaction?
Science   Anatomy-And-Physiology   
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Answer #1

An international transaction refers to a money transfer that involves two different countries/currencies.
It can even involve three currencies if a reserve currency such as the euro or dollar is used.

It can be done by using a government organization such as a federal bank or a reserve bank.
Some private organizations such as Paypal also mediate such transactions.

Transactions with a monetary zone such the Eurozone do not involve currency exchange as all nations within the zone use the same currency.

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