Scenario 4-1 In a Given Year, Country a Exported $12 Million Worth

Multiple Choice

Scenario 4-1
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.
-A trade deficit involves:

A) net flows of goods from foreign countries to the domestic government.
B) net money flows from the foreign firms to the domestic government.
C) net money flows from the domestic firms to the domestic government.
D) net money flows from the foreign firms to the domestic firms.
E) net flows of goods from foreign countries to the domestic firms.