Problem
Suppose there are three countries in the world. Country A exports exist11 million worth of goods to Country B and exist5 million worth of goods to Country C:Country B exports exist3 million worth of goods to Country A and exist6 million worth of goods to Country C:and Country C exports exist4 million worth of goods to Country A and exist1 million worth of goods to Country B.
a) What are the net exports of countries A, B, and C?
b) Which country is running a trade deficit? A trade surplus?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.