It is completely appropriate to mention that the activities that involve buying and selling your house to a citizen to a foreign country are considered as international transactions. Therefore, the statement given above is true.
The international transactions can be referred to or considered as the transactions that take place wherein at least one party to the transaction is foreign, or either the item being traded belongs to a foreign ownership. In simple words, it can also be stated that the international transactions take place between one country and another country.
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