Which of the Following Is True

Which of the following is true?

A) A country with a current account surplus is earning more from its exports than it spends on imports.
B) A country could finance a current account deficit by using previously accumulated foreign wealth to pay for its imports.
C) A country with a current account deficit must be increasing its net foreign debts by the amount of the deficit.
D) We can describe the current account surplus as the difference between income and absorption.
E) All of the above are true of current account balances.