The Net Asset Position (or the Net International Investment Position (NIIP)) for the U.S. economy as of the end of the 1st quarter of 2021 was -$14.3 trillion.

Consider the following statements:

I: The net income receipts from the rest of the world (what U.S. national receive minus what foreign national receive) or NFP was positive for 2021 Q1 but net exports were negative (and larger in absolute value) to produce a negative overall current account balance for 2021 Q1 in the amount -$195.7 billion.

II: I: The net income receipts from the rest of the world (what U.S. national receive minus what foreign national receive) or NFP was negative for 2021 Q1 but net exports were positive (and larger in absolute value) to produce a positive overall current account balance for 2021 Q1 in the amount $195.7 billion.

III: The NIIP for the U.S. will increase as a result of the value of the CA.

IV: The NIIP for the U.S. will decrease as a result of the value of the CA.

Which of the following choices is correct?

A.I and III.

B.II and III.

C.I and IV.

D.II and IV.