based on the evidence presented - decide if the value of the Canadian dollar will rise or fall. Give reasons for your decision.

1. Canada has an annual inflation rate of 8.5 % and an annual unemployment rate of 7.9 %. Both rates have increased at least one percentage point over the past 12 months. Canada exports goods valued $10 billion more than the goods Canada imports. In other words, the balance in merchandise trade value is $10 billion.
2. The world price of oil reaches $95 a barrel. By comparison, in today's terms, the 1973 price of oil was about $10 a barrel. In the 1980s the price fluctuated between $20 and $40 a barrel. Canada has an annual inflation rate of 2.9 % and an unemployment rate of 5.2%. Both rates have remained stable over the past 12 months.
3. Explain how changes in the dollar's value affect the Canadian economy.