Bankruptcy is a legal rank of a person or other object
that cannot reimburse debts to creditors. In here the high rate means that it
is a legal process in which a court takes over approximately of the finances of
an individual who is incapable to recompense his or her bills.
Answer: peninsula
Explanation: The Republic of Korea or Korea is located on the Korean peninsula, which lies between China to the west, although there is no demarcated border between them, and Japan to the east. This region, situated in Asia, particularly the Far East, is politically divided into two areas: North Korea and South Korea.
<span>Nihon gunkoku shugi should be the answer :)</span>