Exchange Rate Effects on Healthcare, business and finance homework help
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?