Assume that the following are the predicted inflation rates in these countries for the year: 3 percent for Canada: 4 percent for Mexico, and 5 percent for Brazil. According to the purchasing power parity and everything else held constant, which of the following would we expect to happen? 0 a. The Canadian dollar will depreciate against the Mexican peso, O b. The Canadian dollar will depreciate against the Canadian dollar. O c. The Mexican peso will depreciate against the Brazilian real. d. The Brazilian real will depreciate against the Canadian dollar