Essay Writing Help- If you were a Moody’s analyst in May 2008, would you recommend that Moody’s downgrade Iceland’s sovereign debt? Why or why not?

  1. If you were a Moody’s analyst in May 2008, would you recommend that Moody’s downgrade Iceland’s sovereign debt? Why or why not?
  2. What is most worrisome about Iceland’s balance of payments?
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  3. Should Iceland seek membership in the EU? Iceland already belongs to the EFTA and the Nordic Passport Countries? What are these organizations and what does membership mean to Iceland?
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