If every country uses tariffs, everyone is likely to lose.

The 1910–1914 period was chosen as a benchmark period for determining parity prices because that was when

a. there was the greatest number of farms b. corn prices were the highest c. farmers believed that farm and nonfarm prices were such that farms goods tradedequal value for equal value with nonfarm goods d. the exchange standard was most biased in favor of farmers e. farm productivity was the lowest

If a corporate bond with face value of $8,000 has an interest rate of 4 percent paid once a year for a term of 30 years, what is the size of the coupon payment?

A) $320 B) $2,000 C) $8,000 D) $9,600