Based on the Following Information,what Is the Balance on the Current

Multiple Choice

Based on the following information,what is the balance on the current account? Exports of goods and services = $12 billion
Imports of goods and services = $14 billion
Net income on investments = -$4 billion
Net transfers = -$1 billion
Increase in foreign holdings of assets in the United States = $6 billion
Increase in U.S.holdings of assets in foreign countries = -$3 billion

A) -$7 billion
B) -$3 billion
C) -$2 billion
D) $1 billion