Alfonso,a Citizen of Italy,decides to Purchase Bonds Issued by Ireland

Multiple Choice

Alfonso,a citizen of Italy,decides to purchase bonds issued by Ireland instead of ones issued by the United States even though the Irish bonds have a higher risk of default.An economic reason for his decision might be that

A) he dislikes U.S.foreign policy.
B) the Irish bonds pay a higher rate of interest.
C) the U.S.government is more stable than the Irish government.
D) None of the above provide an economic reason for buying the riskier bond.