Every transaction concerning the importation of goods into the United States constitutes a

Name: Every transaction concerning the importation of goods into the United States constitutes a
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When goods are imported into the United States, payment typically needs to be made in the currency of the exporting country. This creates a demand for foreign currencies (to pay for the imports) and a corresponding supply of dollars (as dollars are exchanged for the foreign currency).

Every Transaction Concerning the Importation of Goods into the United