B. Last Spring, the European Union agreed to a an unprecedented $145 billion bailout package amid fears that its member nation, Greece, would default on debt payments. Greece was rocked by widespread protests over the cuts and tax hikes required to get the loans.

Q: Greece's largest trading partner demanded the toughest terms in return for the bailout. Which nation made those demands?

A. Japan

B. Germany

C. United States

D. Russia

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B. Germany is Greece's biggest trading partner followed by Italy. Japan, United States and Russia are not members of the European Union which negotiated the loan package.

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Q: The tough loan terms are designed to cut Greece's national debt, which is 113.4 percent of its gross domestic product - the seventh highest debt ratio in the world. Which of these major nations has the lowest debt compared to the size of its economy?

A. Japan

B. Germany

C. United States

D. Russia

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D. Russia has a debt equal to only 6.3 percent of its gross domestic product. Japan, at 189.3 percent, and Germany, at 72.1 percent, both have debt ratios much higher than the United States, at 52.9 percent.

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Q: A slow world economy makes it tough for young Greeks to find work abroad. Greece had an unemployment rate of 9.5 percent in 2009. Which of these large economies had the lowest jobless rate in 2009?

A. Japan

B. Germany

C. United States

D. Russia

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A. Japan had the lowest unemployment rate at 5.1 percent, followed by Germany at 7.5 percent, Russia at 8.4 percent and the United States at 9.3 percent - slightly better than Greece.

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