Please answer the following question:

2. For the following events, state what will tend to happen to the $CDN exchange rate with the SUSA Effect on SCDN EVENT ( SCDN up, SCDN down or unchanged) CDN exports to USA increase CDN interest rates fall US Imports from Canada increase More Canadians travel in USA Investors THINK CDN interest rates will fall Price of nickel drops ( a major CDN export) Many investors believe the US dollar will rise European exports to Canada increase The Canadian economy has a lower unemployment to 5.7% and has a low inflation is 0.5% Price of Oil (West Texas Intermediate) increases (a major CDN export) More Americans travel in Canada Price of Oil (West Texas Intermediate) decreases (a major CDN export)