In the Calendar Year Ending December 31, 2004, the Number

question 6

Multiple Choice

In the calendar year ending December 31, 2004, the number of bankruptcy cases filed in the 94 bankruptcy courts across the country was ____.

• A) more than 500,000 but less than 1,000,000
• B) more than 1,000,000 but less than 1,500,000
• C) more than 1,500,000 but less than 1,750,000
• D) more than 1,750,000 but less than 2,000,000
• E) more than 500,000 but less than 1,000,000.

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Definitions:

North American Free Trade Agreement (NAFTA)

A trade agreement between Canada, Mexico, and the United States to reduce trade barriers and increase economic collaboration, replaced by USMCA in 2020.

U.S. and Canada

Refers to the two neighboring countries located in North America, known for their close economic, cultural, and political ties.

Political Risk

The potential loss in value of a foreign investment due to instability and political changes in the host country.

Foreign Investment

Capital investment made by one country into businesses or assets in another country.