Which of the Following Does Not Describe the Asian Economies

Multiple Choice

Which of the following does not describe the Asian economies involved in the 1997 currency crisis?

A) banks had borrowed foreign currency and lent in domestic currency, exposing themselves to exchange rate risk
B) banks had borrowed on a short term basis and lent on a long term basis
C) over-accumulation of physical capital
D) high and rapidly rising trade barriers within Asia
E) high rates of domestic saving