Explain what happened to industry price and quantity by making specific references to the demand and supply curves.

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?
NOTE: Imagine that you work for a domestic oil refinery, and answer each point of the question thoroughly. You DO NOT work for an oil producer, but RATHER for a refinery, which turns crude oil into many different petroleum products, from jet fuel to gasoline, which are then sold to world markets. You have the option of purchasing crude oil from U.S. sources or from various foreign countries.