Following the Asian Financial Crises in the Late 1990s, Many

Following the Asian financial crises in the late 1990s, many countries in the Far East and elsewhere:

A) were forced to take on huge amounts of additional foreign debt.
B) let their currencies float and gave up on trying to accumulate foreign reserves.
C) began using central bank intervention to undervalue their currencies and accumulate reserves.
D) implemented fixed exchange rates for the first time.