If,in a System of Fixed Exchange Rates,the Value of the Canadian

If,in a system of fixed exchange rates,the value of the Canadian dollar,as measured in British pounds,is above the equilibrium level,which of the following would happen?

A) Canada will have a balance of trade surplus.
B) There will be an inflow of foreign currencies into Canada.
C) The Canadian dollar will depreciate.
D) There will be a shortage of foreign currencies in Canada.
E) The Bank of Canada will be forced to ration Canadian dollars to foreign importers.