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A Typical Foreign exchange Transaction Over the years,(centuries, really) an elaborate process has evolved for handling exports and Imports Figure 19. 1 illustrates this process McGraw-Hilylrwoin 19-2 Copyright@ 2001 by The McGraw-Hill Companies, Inc. All rightsMcGraw-Hill/Irwin Copyright © 2001 by The McGraw-Hill Companies, Inc. All rights reserved. 19-2 A Typical Foreign Exchange Transaction ⚫ Over the years, (centuries, really) an elaborate process has evolved for handling exports and imports. ⚫ Figure 19.1 illustrates this process
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