Step 1: State what a virtual displacement is.
A virtual displacement is a small, imaginary displacement consistent with the supports, applied to a body already in equilibrium.
Step 2: Write the virtual work statement.
For the body to stay in equilibrium under this imaginary displacement, the work done by the external loads must equal the work done by the internal forces as the structure deforms: $W_{external} = W_{internal}$.
Step 3: Rule out the other statements.
Force equilibrium alone does not define virtual work, there is no inverse proportionality in its definition, and potential energy equalling kinetic energy belongs to dynamics, not this principle.
Final Answer:
The principle links external and internal virtual work directly.
\[ W_{ext} = W_{int} \]