Individual #Iceland  a volcanic island in the North Atlantic near the Arctic Circle
  instance of:  #island
  part of:  #Atlantic_Ocean
  part:  #Republic_of_Iceland__Iceland  an island republic on the island of Iceland; became independent of Denmark in 1944
     part:  #Reykjavik__capital_of_Iceland  the capital and chief port of Iceland on the southwestern coast of Iceland; buildings are heated by natural hot water

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