The industrial sector of Korea produces goods for both domestic consumption and export to foreign countries. Suppose the manufacturing capability of Korea's industrial sector has been significantly reduced by a natural disaster occurring at its most important industrialized regions. Outline the effects of this natural disaster on Korea's inflation rate and the equilibrium value of the Korean currency (Won). Illustrate the effect on the equilibrium exchange rate by considering a two-country system of US-Korea in which US$ is the foreign currency and the Korean Won is the domestic currency. How would the demand and supply of US$ in the foreign exchange market be affected by the disaster and its implication on the equilibrium exchange rate