You have been assigned by the Government of Canada as chief economist whose mainly responsible for exchange rates and payments with ROW . your top responsibili6es include he proper economic func6oning of Canada's top industries ( example : manufacturing , natural resources and mining ) . needless to say , those industries , due to their size rela6ve to the whole economy can have considerable effects on the demand and supply of the Canadian dollar , real GDP , Unemployment and infla6on . ( + interna6onal balance of payments ) . We will tackle 2 scenarios : 1. Scenario 1 : Our top industries are doing well vs USA - describe what is happening to : ( e.g more Americans are buying Canadian products ) a) The Canadian dollar ( apprecia6ng , deprecia6ng , effect on C$ demand and supply ) b) The American dollar(Apprecia6ng , deprecia6ng , effect on US$ demand and supply ) c) Canada's real GDP ( growing , declining , etc...) d) Canada's Unemployment rate e) Infla6on f) Interna6onal balance of payments ( current account and financial account ) Provide a thorough explana6on for each point listed above