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Directions: Analyse the passage given below and choose an appropriate answer for the question that follows.

Countries care deeply about their economic ranking as sports fans do about their team`s status in a sports league. The year 2007 saw much drum-beating with China leapfrogging in league tables, leaving the US behind on the charts. China's exports value exceeded the US figures for the first time ever last year. Yet more table-topping is expected in 2008.


Which of the following can be reasonably inferred from the above-cited passage?

 
The Chinese export volumes were ahead of the US volumes in 2007 and are progressing at a rate much faster than that of the US.
China is expected to top the global exports charts in the year 2008.
China`s exports growth rate in 2006-2007 exceeded that of the US during the same period.
China earned more money from exports in 2007 than the US did.
The US and China have been traditional competitors globally in terms of their respective export volumes.

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Not necessarily . It is not expressed in what terms are the exports of China more than US. Is it in terms of volume or dollars ?