What is the Balança comercial (FOB)? I - It is the result of exports minus imports. II - It accounts for all revenues and expenses related to: tra...

What is the Balança comercial (FOB)?

I - It is the result of exports minus imports.
II - It accounts for all revenues and expenses related to: transportation, international travel, insurance, banking expenses, royalties and licenses, equipment rental, etc.
III - It is the income generated from profits received or sent abroad by multinational companies, such as: income from direct investments, portfolio investments, as well as expenses with salaries and wages.
IV - It is the sum of the balances accounted for in the trade balance, services, income, and unilateral current transfers.
a) Only I is correct.
b) Only II is correct.
c) Only III is correct.
d) Only IV is correct.
e) I, II, III, and IV are correct.