Multiple Choice
In a given year, country A exported $12 million worth of goods to country B and $6 million worth of goods to country C; country B exported $4 million worth of goods to country A and $7 million worth of goods to country C; and country C exported $5 million worth of goods to country A and $2 million worth of goods to country B.
-According to Scenario 4-1, country C has net exports of:
A) zero.
B) $13 million.
C) $6 million.
D) $13 million.
E) $6 million.
Correct Answer:

Verified
Correct Answer:
Verified
Q11: Scenario 4-1<br>In a given year, country A
Q13: In a market system,the distribution of income
Q20: Scenario 4-1<br>In a given year, country A
Q23: A country is categorized as a low-income
Q31: Scenario 4-1<br>In a given year, country A
Q35: In a given year, country A exported
Q39: The figure given below represents the equilibrium
Q56: A trade deficit occurs when:<br>A)a country imposes
Q81: In a market system,who ultimately determines what
Q83: The circular flow of income model shows:<br>A)the