Group Problems G11-1 Exchange Rate Effects on Industry

Review Group Problems G-11-1: Exchange Rate Effect on Industry and G11-2: Exchange Rate Effects on Your Firm, located at the end of Chapter 11 in Managerial Economics: A Problem Solving Approach.

Course: ECN 601 - Economics
Chapter 11 - G-11-1: Exchange Rate Effect on Industry and G11-2: Exchange Rate Effects on Your Firm
Textbook: Froeb, McCan, Shor & Ward. Managerial Economics: A problem solving approach. 4th Edition

Group Problems

G11-1 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?

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?