A Major Difference Between the 1980s Foreign Debt Crisis and the European

A major difference between the 1980s foreign debt crisis and the European debt crisis is:

A) Banks were seriously affected in the 1980s crisis, but they were less affected in the European crisis.
B) Sovereign debt was more of a cause of the 1980s crisis than it was of the European crisis.
C) Creditors first viewed the 1980s crisis as only a liquidity crisis.
D) The 1980s crisis led to more shifts in power and influence than the European crisis.