Which of the Following Statements Is True

Multiple Choice

Which of the following statements is true?

A) The reason why debt rescheduling was more common than debt repudiation before World War II is because back then, international debt had predominantly taken the form of foreign bonds, while today it predominantly takes the form of bank loans.
B) The reason why debt rescheduling was more common than debt repudiation before World War II is because back then, international debt had predominantly taken the form of bank loans, while today it predominantly takes the form of foreign bonds.
C) The reason why debt repudiation was more common than debt rescheduling before World War II is because back then, international debt had predominantly taken the form of bank loans, while today it predominantly takes the form of foreign bonds.
D) The reason why debt repudiation was more common than debt rescheduling before World War II is because back then, international debt had predominantly taken the form of foreign bonds, while today it predominantly takes the form of bank loans.