Creditors Were Able to Push Such a Large Share of the Adjustment

Creditors were able to push such a large share of the adjustment costs onto the debtor governments because

A) debtor governments were better at maintaining a common front.
B) creditors were better able to solve the free rider problem better than debtors.
C) smaller banks had lent less of their capital.
D) larger banks could charge their losses to taxpayers in advanced industrial countries.
E) the IMF threatened to make it difficult for the smaller banks to operate in the interbank market.