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If you are in an industry that does not deal with any foreign exchange transactions, use the petroleum industry for this assignment. Imagine that you

If you are in an industry that does not deal with any foreign exchange transactions, use the petroleum industry for this assignment. Imagine that you work for a domestic oil refinery, and answer the question

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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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