In finance and international business, which of the following statements best describes a foreign transaction?
A) A foreign transaction involves the exchange of goods and services exclusively within the domestic market, with no involvement of international trade.
B) A foreign transaction refers to any transaction where currency is exchanged or goods and services are traded between parties in different countries, often subject to foreign exchange rates and international regulations.
C) A foreign transaction is a financial activity that only applies to investments in domestic stocks and bonds, without involving international financial instruments.
D) A foreign transaction is a type of transaction that occurs exclusively within the financial sector, focusing on loans and credit within a single country's banking system.