In the context of recent global economic events, which one of the following countries became widely known for facing a severe sovereign debt crisis that required international bailout support?

Introduction / Context:
After the global financial crisis, several countries experienced serious public debt problems, but one Eurozone nation became especially famous for its severe sovereign debt crisis. Media coverage highlighted repeated bailout packages, austerity measures, and negotiations with international institutions. This question checks whether the learner can correctly identify that country as Greece, which became a central focus of the Eurozone crisis.

Given Data / Assumptions:

• The question refers to a country facing a major sovereign debt crisis.
• International bailout support and austerity measures were widely reported.
• The options include large economies and developed countries.
• Only one of these countries is strongly associated with the specific Eurozone debt crisis.

Concept / Approach:
The essential approach is to recall news and economic discussions about high government debt and rescue packages. Greece, a member of the Eurozone, accumulated large fiscal deficits and public debt. When investors lost confidence, borrowing costs rose sharply, creating a debt crisis. The country required financial assistance from the European Union, European Central Bank, and International Monetary Fund. Identifying this context allows the learner to select Greece from the list.

Step-by-Step Solution:
Step 1: Recall which country became a symbol of the Eurozone debt crisis.Step 2: Remember that Greece negotiated multiple bailout programmes with strict conditions.Step 3: Note that China, Canada, Germany, and Japan have large debts or financial issues at times but were not the central focus of that specific crisis.Step 4: Associate key terms like austerity, Greek bonds, and Eurozone stability with Greece.Step 5: Conclude that Greece is the correct option.

Verification / Alternative check:
Another way to verify is to recall headlines about possible Greek exit from the Eurozone and repeated votes on austerity measures in the Greek parliament. No similar narrative is attached to the other options in the context of the Eurozone crisis. This cross check strongly supports Greece as the country famous for a severe sovereign debt crisis requiring international bailouts.

Why Other Options Are Wrong:
Option A: China has high debt in some sectors but has not been the focus of a Eurozone style sovereign bailout.Option B: Canada did not undergo such a dramatic bailout driven debt crisis in recent years.Option C: Germany is considered a relatively strong economy within the Eurozone and was involved as a creditor, not a bailout recipient.Option E: Japan has long term high public debt but has not faced the specific Eurozone bailout scenario described in the question.

Common Pitfalls:
Candidates may associate high public debt with countries like Japan or large economies like China and therefore guess incorrectly. Another mistake is ignoring the clue that the crisis is tied to Eurozone level bailouts. To avoid such errors, always connect the term sovereign debt crisis in this context with Greece and the widely reported Eurozone crisis.

Final Answer:
The correct answer is Greece.