International Monetary Policy Creates Prisoner Dilemma-Like Scenarios Because

International monetary policy creates Prisoner Dilemma-like scenarios because:

A) there are incentives to devalue a currency whether or not other countries devalue their currencies.
B) there are incentives to appreciate a currency whether or not other countries appreciate their currencies.
C) the only time a country wants to devalue its currency is when other countries appreciate their currencies.
D) the only time a country wants to appreciate its currency is when other countries devalue their currencies.