Exchange Rate Effects on Industry
Subject: Economics   / General Economics
Question
Check out Group Problem G-11-1 Exchange Rate Effects on Industry. Using shifts in supply and demand curves, describe how a change in the exchange rate affected your industry. Label the axes, and state the geographic, product, and time dimensions of the demand and supply curve you are drawing. Explain what happened to industry price and quanitity by making, specific references to the demand and supply curves. How can you profit from future shifts in the exchange rate? How do you predict future changes in the exchange rate? Use the problem to relate to a current position in the work environment. Complete response in 750-1000 words. Use examples.
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