If, at the Current Exchange Rate Between the Canadian Dollar

If, at the current exchange rate between the Canadian dollar and the South African rand of 6.92 rand per Canadian dollar, the Canadian dollar is "undervalued," how do you expect demand and supply in the foreign exchange markets to respond?

A) The demand for the Canadian dollar will rise, while the supply of the rand will fall.
B) The demand for the Canadian dollar will fall, while the supply of the rand will rise.
C) The supply of the Canadian dollar will fall, while the demand for the rand will fall.
D) The supply of the Canadian dollar will fall, while the demand for the rand will rise.
E) The demand for the Canadian dollar and the rand will both fall.