What is the relationship between the International Investment Position (IIP) and the Net External Liability (NEL)? a) The IIP is equal to the coun...

What is the relationship between the International Investment Position (IIP) and the Net External Liability (NEL)?

a) The IIP is equal to the country's external assets minus its external liabilities, while the NEL is equal to the country's external liabilities minus its external assets.
b) The IIP is equal to the country's external liabilities minus its external assets, while the NEL is equal to the country's external assets minus its external liabilities.
c) The IIP is equal to the country's domestic assets minus its domestic liabilities, while the NEL is equal to the country's domestic liabilities minus its domestic assets.
d) The IIP is equal to the country's domestic liabilities minus its domestic assets, while the NEL is equal to the country's domestic assets minus its domestic liabilities.