Consider two countries, A and B, whose currencies are A and B, respectively. The interest rate in A is greater than the interest rate' in B. Which of the following is true according to the expected exchange rate movement relationship and interest rate parity, respectively?
a. A is expected to appreciate relative to B, and a trades with a forward discount.
b. A is expected to appreciate relative to B, and a trades with a forward premium.
c. A is expected to depreciate relative to B, and a trades with a forward discount.
d. A is expected to depreciate relative to B, and a trades with a forward premium.