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.