Fred owns a business in New Zealand, his native country. He imports precious stones from South Africa. Fred learns that interest rates are expected to decrease in South Africa. Based on this scenario, please select the best answer choice based on the below options. I. Fred should wait until interest rates decrease in South Africa before he imports more metal from South Africa. II. We can assume that New Zealand's balance of trade position will shift to more of a surplus position. III. We can assume that South Africa's balance of trade position will shift to more of a deficit position. IV. Fred should import as much metal from South Africa now before interest rates decrease in South Africa