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Give an example of a compensating wage differential, a risk premium or some kind of long-run equilibrium price difference your current/future company faces. How can

Give an example of a compensating wage differential, a risk premium or some kind of long-run equilibrium price difference your current/future company faces. How can your current/future company profitably exploit this difference?

What are your current/future firm's key resources and/or capabilities? How do these translate into a competitive advantage?

Describe how a change in the exchange rate affected your current/future 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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