The following statements relate to transnationally. Choose the correct answer.
Statement I Import of techniques and machinery is a mode of technology transfer.
Statement II Technology transferred through government for common welfare is considered as free market transfer and is not subject to patent laws.
A. Statement I is correct, but Statement II is incorrect
B. Statement II is correct, but Statement I is incorrect
C. Both statements are correct
D. Both statements are incorrect
Answer: Option C
This Question Belongs to Management >> Foreign Trade Policy
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