Direction: In the question below is given a statement followed by two conclusions numbered I and II. You have to assume everything in the statement to be true, then consider the two conclusions together and decide which of them logically follows beyond a reasonable doubt from the information given in the statement.

Statement:

Domestic demand for steel is outpacing the supply of steel- both indigenous and Imported.

Conclusions:

I. Tariffs will be increased for steel imports.

II. Indigenous production might be increased or quotas for steel imports might be increased.