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Consequences of Iceland Borrowing Money from Russia

Iceland sent a committee to Russia to ask for a $5 Billion loan. Iceland is a member of NATO. What could be the consequences of such a move?

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Iceland is a strategic geographic position for two reasons: 1) The country is located as a strategic sight from which maritime defenses against Russia are set to keep their submarines contained in the event of World War III.

2) The country is located ...

Solution Summary

The solution describes the consequences of Iceland borrowing money from Russia.