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The derisive acronym "PIIGS" refers to which of the following European countries and their economic statuses?

  1. Portugal, Ireland, Italy, Greece, Spain
  2. Poland, Iceland, Italy, Greece, Serbia
  3. Poland, Iceland, Italy, Greenland, Spain
  4. Portugal, Iceland, Ireland, Greece, Serbia

Answer

The correct answer is A) Portugal, Ireland, Italy, Greece, Spain.

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