Direction: The question consists of  statement and two arguments. The student must first determine whether each statement is true. Choose the appropriate option after reading the three statements carefully.

Statement: Should import duty on all the electronic goods be dispensed with?

Arguments:

I. No. This will considerably reduce the income of the government and will adversely affect the developmental activities.

II. No. The local manufacturers will not be able to compete with the foreign manufacturers who are technologically far superior.