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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,
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?
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