After Greece accumulated massive debt and voters rejected the bailout terms demanded by Greek creditors,uncertainty for the European Union and the Euro increased.Investors and strategists developed ____ plans for a possible Greek exit from the EU.
A) strategic
B) tactical
C) long-range
D) contingency
E) integrated

Question

Quizplus · Accepted Answer

Contingency plans are developed to address potential risks and uncertainties. In this case, investors and strategists developed contingency plans in case Greece decided to exit from the EU, which was a possibility after the rejection of the bailout terms.

After Greece Accumulated Massive Debt and Voters Rejected the Bailout