Bondholders of ________ debt became worried that it would ________ when its debt-to-GDP ratio ________ in 2010.
A) Icelandic; be forced to pay reparations to U.K. and Dutch pensioners; exceeded 120 percent
B) Irish; cease trade; fell dramatically
C) Greek; default; exceeded 100 percent
D) Italian; restructure its debt; fell 200 percent
E) Spanish; renege on payments; rose 60 percent
Correct Answer:
Verified
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