Kwan delves further into the historical record of currency crises. She concludes that even countries with relatively sound economic fundamentals can fall victim to these crisis episodes and that these attacks can occur when sentiment shifts for reasons unrelated to economic fundamentals.

2.) Kwans conclusion is most likely:

A. correct.

B. incorrect, because there are few historical crises involving currencies of countries with sound economic fundamentals.

C. incorrect, because there are few historical episodes in which a sudden adverse shift in market sentiment occurs that is unrelated to economic fundamentals.