【单选题】If the expected exchange rate E (S B/A ) according to the relative purchasing power parity is lower than the spot exchange rate (S B/A ), we may conclude that __________.
A.
country B is expected to run huge BOP surplus with country A
B.
country A’s interest rate is going to be lower than that of country B’s
C.
the expected inflation rate in country A is higher than the expected inflation rate in country B
D.
the expected inflation rate in country A is lower than the expected inflation rate in country B