Exchange Rate Effect on Industry and G11-2, 750 word essay in apa format help

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Economics

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Review Group Problems G-11-1: Exchange Rate Effect on Industry and G11-2: Exchange Rate Effects on Your Firm, located at the end of Chapter 11 in Managerial Economics: A Problem Solving Approach. Select one problem that relates to you and your current position in the work environment. Complete your response in 750-1,000 words. Please support your response with personal experiences or examples.I work in a community teaching hospital.

Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.

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Group Problems G11-1 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 curves you are drawing. Explain what happened to industry price and quantity 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? G11-2 Exchange Rate Effects on Your Firm Describe how a change in the exchange rate affected your firm. Explain what happened to your price and quantity. How can you profit from future shifts in the exchange rate? How do you predict future changes in the exchange rate?
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Running head: EXCHANGE RATES

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Exchange Rates

EXCHANGE RATES

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Introduction
The exchange rate is a mirror of a national economy and a reflection of economic reality.
Modern theories of economics imply a close relationship between the change in exchange rates
and other macroeconomic variables such as consumption, output and trade flows. The exchange
rates affect the real economy directly through the change in demand for exports and imports. It is
widely believed that change in exchange rates have significant implications for both profitability
and financial decision making in a firm (Kathryn, 2006). Exchange rates, in the long-run, is
primarily determined by the export potential growth and productivity growth of a country. This
paper presents the effect of the change in exchange rates in the education sector.
Exchange rate effect on industry
The exchange rate is identified as the price of foreign currency about the home currency.
It is quoted as foreign currency per units of domestic currency or units of local currency per units
of currency (Kathryn, 2006). Exchange rates are influenced by some factors. Low inflation in a
country, for example, would prompt an appreciation in the exchang...


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