According to Hegemonic Stability Theory, What Is Likely to Happen

According to hegemonic stability theory, what is likely to happen when a dominant state loses its hegemonic position?

A) A more equitable balance of power in the international system is likely to emerge.
B) New balance of power will be peacefully negotiated.
C) Major powers will renew their focus on economic development and capitalist expansion.
D) A hegemonic war between the declining hegemon and the challenging country will take place.