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businesses that sell goods or services to customers overseas, and are paid in a foreign currency, are exposed to foreign exchange risk. To manage that exposure effectively, they must understand the inner workings of foreign exchange risk.

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Q: What does foreign exchange allocation mean?
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What is a Foreign Exchange Allocation Approval Number where do I get one?

A Foreign Exchange Allocation Approval Number is used in sending goods to another country to be sold. A Foreign Exchange Allocation Approval Number can be purchased from the government.

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