Refer to the given data. We can conclude from the information given that this firm is a:

When you arrive at the airport in Paris and go to the bank window to exchange dollars into euros, you are

A) selling euros to the French. B) avoiding the use of foreign exchange markets. C) contributing to U.S. exports. D) None of the above answers is correct.

When borrower-spenders raise funds in financial markets, they issue new securities in the

A) primary market. B) secondary market. C) third market. D) fourth market.