Given below are two statements:
Statement I : The informational economy is global.
Statement II : A global economy is historically a new reality, distinct from a world economy.
In the light of the above statements, choose the correct answer from the options given below.
1
Both Statement I and Statement II are true
2
Both Statement I and Statement II are false
3
Statement I is true but Statement II is false
4
Statement I is false but Statement II is true