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