Which of the following was a result of the economic crisis that began in 2008?
A) Iceland seized the United Kingdom's bank funds.
B) The United States seized Icelandic bank funds.
C) Iceland was not at all affected by this crisis because of its strong banking sector.
D) The relationship between Iceland and the United Kingdom got seriously damaged.

Question

Quizplus · Accepted Answer

The economic crisis of 2008 severely impacted Iceland's banking sector, leading to a significant dispute with the United Kingdom over deposit guarantees for British savers in Icelandic banks. This dispute damaged the relationship between the two countries.

Which of the Following Was a Result of the Economic