Exchange Rate Effects on Healthcare, business and finance homework help

User Generated

ynooengg

Business Finance

Description

Select a problem that relates to healthcare and complete both of the below. Please support your response with personal experiences or examples. Paper must be 750-1,000 words, APA style.

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?

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?

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Attached.

Running Head: EFFECTS OF EXCHANGE RATES ON HEALTHCARE INDUSTRY AND
FIRMS

Effects of Exchange Rates on Healthcare Industry and Firms
Name
Instructor
Institutional Affiliation
Date

1

EFFECTS OF EXCHANGE RATES ON HEALTHCARE INDUSTRY AND FIRMS

2

Fluctuation in the exchange rates directly affects the value of a currency against another
currency. Changes in the value of a currency occur as an impact of the floating exchange rates
system. Some of the factors that cause fluctuations in the exchange rates include but not limited
to supply and demand of the currency, interest rate fluctuations, economic performance, inflation
and capital flows among others (Choudhri & Hakura, 2015). A change in the exchange rate has a
direct effect on an industry in general as well as on companies operating in that industry. This
paper will analyze exchange rate effects on the healthcare industry.
Exchange rate effects on industry
Fluctuation of the exchange rate has a direct impact on the healthcare industry,
particularly the medical device segment. Depreciation and appreciation in the exchange rate can
either produce positive or negative results. Change in the exchange rate will directly affect the
prices of products which will in turn affect the demand and supply of that particular commodity.
1. Depreci...


Anonymous
Just what I was looking for! Super helpful.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Related Tags