Impact of two currency fluctuations on trade with countries

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Reference no: EM133400994

Assignment:

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?

Reference no: EM133400994

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