Which of the following is theleastaccurate?

a.If the interest rate is higher in Korea than in US, the forward exchange rate of Korean Won to USD is lower than the spot exchange rate.

b.When the inflation is expected be higher in Euro zone than in US, the exchange rate of Euro to USD (/$) is likely to increase.

c.Country A produces a car with 50-unit labor, and a computer with 10-unit labor. Country B produces a car with 100-unit labor, and a computer with 30-unit labor. Then, Country B has a comparative advantage in producing cars.

d.If both PPP and IRP hold, the real interest should be same across countries.

e.If PPP holds, the exchange rate between two countries is determined such that the same product costs the same in both countries.