A situation is given, followed by two conclusions I and II. Read the situation and both the conclusions carefully and select the correct answer.
Situation:
Since the past 15 years, 75% of the products in the world’s pottery market comes from Country K. However, the employment in the pottery industry of Country K has been consistently declining by 5-9% every year since the past 3 years.
Conclusions:
I. Even after declining employment, Country K has enough potters to continue contributing equally to the international market.
II. The local demand of pottery in Country K has substantially decreased leading to less interest among potters.
1
Neither I nor II can be concluded
2
Only II can be concluded
3
Only I can be concluded
4
Both I and II can be concluded