Cascading fuel taxes and lockdown-related logistical bottlenecks (A) and a compression of the current account deficit (B) and declining pressure on the currency, thanks to moderate global crude prices (C) could be responsible for rising prices in the midst of an economic slump (D) .
The sentence cannot be started with any other part except (A), therefore part A cannot be exchanged. Parts B & C both use the conjunction ‘and’ in continuation which is grammatically inappropriate, therefore one of these parts need to be replaced with part (D) out of which part (B) seems to be an appropriate choice which makes the sentence meaningful. Cascading fuel taxes and lockdown-related logistical bottlenecks could be responsible for rising prices in the midst of an economic slump and declining pressure on the currency, thanks to moderate global crude prices and a compression of the current account deficit.
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