Consider the following information for Tasty Co, a U.S.-based company in the spice business.

Choose the appropriate type of exposure based on the situation.

Tasty Co. is a public company and publishes quarterly financial statements in U.S. dollars for its investors. The statements include results from its subsidiaries. a)Transaction b)Economic c) Translation

Tasty Co. is buying a packaging machine from

a German company for $10 million Euros.

Tasty Co. will pay for the customized machine. a)Transaction b)Economic c)Translation

Tasty Co. imports spices from around the

world and sells them in the United States and Canada.

a)Transaction b)Economic c)Translation

Tasty Co's main competitor is a French company that buys its spices in Euros and also sells them globally, including in the U.S. and Canada.

a)Transaction b)Economic c)Translation