Generally, Which of the Following Is the Most Common Reason

Multiple Choice

Generally, which of the following is the most common reason why countries that experienced a financial crisis could not maintain their fixed exchange rate?

A) They were exporting too many commodities.
B) The rates they had established were not in accordance with directives from the IMF.
C) The exchange rate parities established were inconsistent with their corresponding macroeconomic policies.
D) The general public refused to participate.
E) The parities established made their currencies undervalued.