If Malaysia imports less than it exports, assuming other factors remain the same, then the following would happen: (1) the supply of ringgit is likely to exceed its demand in the foreign exchange market. (2) the demand for ringgit is likely to exceed its supply in the foreign exchange market. (3) the ringgit would depreciate against other currencies. (4) the ringgit would appreciate against other currencies. a. 4 only b. 1&3 c. 3 only d. 2&4