Please readEquity Risk Premiums

It is easy for find the data oneach country's equity risk and country risk premium,

http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/ctryprem.html OR

http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/ctryprem.html

Please noteyouDON'Tneed to calculate the country risk premium, instead, pleasediscussthe following two questions:

1. What is theimplication of this data, i.e.which country has the highest default rate, and which country has the highest country risk premium?Why?
2. If you are an investor interested in Global Equity Portfolio, which two, or threecountries will you choose?Why? What's the weight (by percentage) you are going to allocate to each country's stock?