Question 31 2.5 pts During the first six months this year, the US exports to Netherlands were 22.8 billion dollars, while its imports from Netherlands were 13.6 billion dollars. For the US, the amount of differences here is called trade balance trade deficit O trade surplus Question 32 2.5 pts The 2017 Trade Dependency Ratio of Singapore is 216%. The 2017 GDP in Singapore is $324 billions. Total international trade amount for Singapore in 2017 is O $66.7 billion O $699.84 billion O $150 billion Question 29 2.5 pts All statements listed below are false Except - The major reason of China's inefficient oil use is individuals' attitude toward energy usage. In a very small country, climate could be sufficiently diverse to require major adjustments of marketing strategies. The two countries that have the greatest quantities of energy consumption are India and China. Question 30 2.5 pts Population decline in Germany in recent years has caused the problem of aging. the problem that more women are choosing careers instead of children. the problem that more couples are choosing to remain childless. in a country can be used as trade barriers. Industrial standards Tariffs Market structure All the three items listed can be used as trade barriers Question 27 2.5 pts Tariff rates are not based on quantity of goods but based on value of goods. False True Question 28 2.5 pts Demand for goods in a city will be affected by not only the total population of the city but also changes in the composition of the population. O True