Which of the Following Statements Defines Trade Balance

Multiple Choice

Which of the following statements defines trade balance?

A) The trade balance is the sum of the services balance,the current account balance,and the capital account balance.
B) The trade balance is merchandise exports minus merchandise imports.
C) The trade balance is the sum of the current account balance and the capital account balance.
D) The trade balance is foreign purchases of domestic assets minus domestic purchases of foreign assets.
E) The trade balance is the sum of the services balance and the capital account balance.