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.
-When the flow of money from the foreign countries to the domestic firms equals the flow of money from the home country to the foreign firms, _____.

A) a trade surplus exists
B) an equal amount of agricultural and manufactured products are exported
C) a trade deficit exists
D) an equal amount of goods and services are imported
E) the value of net exports is zero