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(Solved):     Based in the United States, your firm exports products to Canada and imports prod ...




    Based in the United States, your firm exports products to Canada and imports products from Japan.  Evaluate the impact of two currency 

fluctuations on your trade with these countries. The first step in this process is to develop an exchange rate table for daily exchange rates 

over the past month between the U.S. dollar and the  Canadian dollar, and the U.S. dollar and the Japanese yen. Once this has been 

accomplished, explain whether domestic currency has depreciated or appreciated against foreign currencies.  How did domestic currency appreciation/depreciation affect your exporting and importing decisions?

 



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Introduction The import and export of commodities determine the value of the currency of a country and the terms of trade of an economy. Explanation Suppose in United States the firm export product
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