A Foreign Debt Crisis

A foreign debt crisis:

A) is a situation in which consumer spending patterns significantly affect a country's balance of payments,thereby affecting its currency.
B) is a situation in which a country cannot service its debt obligations.
C) refers to a loss of confidence in the banking system that leads to a run on banks,as individuals withdraw their deposits.
D) occurs when a speculative attack on the exchange value of a currency results in a sharp depreciation in the value of the currency.