"Default" Multiple Choice occurs when corporations go bankrupt and stock becomes worthless. O occurs when stock issuers fail to make promised payments. occurs when bond issuers fail to make promised payments of US government securities has only happened twice in the history of the United States. The terms of trade Multiple Choice will be established so that the product price will equal the opportunity cost of producing the product. must benefit both countries equally. O are based on each country's absolute advantage must benefit both countries but not necessarily equally What is the present value of $5,000 to be received 10 years from now if the interest rate is 7 percent? Multiple Choice $1.927.72 $2,542 a $500 59.836 S Prev 8 of 50 !! Next >