During the 1997 Asian Financial Crisis, Countries Such as South

During the 1997 Asian financial crisis, countries such as South Korea and Indonesia were affected by:

A) speculative attacks, which forced the countries to abandon their fixed exchange rates.
B) competitive devaluation, which led to plummeting exchange rates.
C) competitive revaluation, which led to severe overvaluation and collapse for all affected countries except South Korea.
D) contractionary monetary policy, which raised interest rates and increased government debt service.