Given below are two statements :
Statement I : Countries always want to have foreign markets open for their exporters. But if a country limits access to its own market, foreign countries may take action to limit access to their own market.
Statement II : Trade agreement can help lower barrier to international commerce, but countries still have to believe that other countries are "playing fair".
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