Please help with the following international trade question:

Expo \"5 Quantity. 0 - =produoergainla+b+c) ESE =consumerlossla+b) V =oostol government subsidy (b+c+d+e+!+g} Question 4? (1 point) Refer to the figure above {Figure 4}, which uses a partial equilibrium model to show the effects of a government subsidy for some product that the domestic countryr is exporting, using orthodox trade theory. Which of the following BEST describes what is going on from the point of View of the DOMESTIC COUNTY: O The subsidy reduces the local price of the product. raises the foreign price, boost exports and local consumption. 0 The subsidy raises local and foreign prices. boosts local and global production, with uncertain effects overall. 0 The subsidy reduces local and foreign prices, and thus boosts global demand -- generating large welfare gains for the "global" system. 0 Cannabis legalization has blurred the impact of subsidies .. and of everything else. 0 The subsidy raises the local price {reducing local demand], lowers the world price (raising external demand} and generates new expenditures for the government -- among other effects. Referring again to Figure 4, the net losses to the country providing the export subsidy can be summarized as follows, according to orthodox trade theory: Areas c and f Areas d and g ()Areas (a + b + c) - (a + b) - (b + c + d+ e + f + g); or simply, (b+ d + e+ f+g) ) Areas e + f+ g O Area aReferring (again) to Figure 4, and going beyond geometry. the net losses related to the subsidyr from the domestic country's perspective could most accurately characterized by which of the following, according to orthodox trade theory: 0 The gain to producers and consumers minus the fiscal cost of the government subsidy -- which is the difference between domestic and world prices multiplied by the quantity of the subsidized export. O The gain to producers minus the loss to consumers and the fiscal cost of the government subsidy. O The fiscal costs related to the subsidy alone. 0 The cost of new debt service charges associated with the additional debt taken on by the government to pay for the export subsidy. O The lost consumer surplus associated with higher domestic prices