The following statements relate to transnationally. Choose the correct option for the statements being correct or incorrect.
Statement I The UNCTAD developed an index to compare the transnationality of countries in which TNCs operate.
Statement II The UNCTAD followed parameters like FDI flowas a percentage of gross fixed capital formation, FDI inward stock, value added by foreign affiliates and jobs created by them.

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