The following statements are related to technology transfer between countries. Choose the correct code regarding whether the statements are correct or incorrect. 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 a free market transfer and is not subject to patent laws.

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Economics · International Business

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Correct answer

Statement I is correct, but II is incorrect.

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Answer 1

Statement I is correct, but II is incorrect.

Answer 2

Statement II is correct, but I is incorrect.

Answer 3

Both statements I and II are correct.

Answer 4

Both statements I and II are incorrect.

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