In 2021, Belgium exported 23,560 US dollars worth of product HS 660191 (umbrellas and sun umbrellas; having a telescopic shaft, excluding garden or similar umbrellas) to Denmark and imported 21,247 US dollars worth of the same product from Denmark. Which of the following statements is TRUE: Question 2 Answer a. The Grubel-Lloyd index for the trade flow of umbrellas between Belgium and Denmark is 0.95. This value of the index is indicative of intra-industry trade b. The Grubel-Lloyd index for the trade flow of umbrellas between Belgium and Denmark is 0.05. This value of the index is indicative of intra-industry trade c. The Grubel-Lloyd index for the trade flow of umbrellas between Belgium and Denmark is 0.95. This value of the index is indicative of inter-industry trade d. The Grubel-Lloyd index for the trade flow of umbrellas between Belgium and Denmark is 0.45. This value does not strongly indicate either intra-industry nor inter-industry trade e. The Grubel-Lloyd index for the trade flow of umbrellas between Belgium and Denmark is 0.85. This value of the index is indicative of intra-industry trade