Directions: Questions in the form of inferences/ conclusions are based on the passages given below. Each passage is followed by five inferences. You are required to examine each inference separately in the context of the passage and decide upon its degree of truth or falsity.Give answer:If the inference is definitely true, i.e., it properly follows from the statement of facts givenIf the inference is probably true though not definitely true in the light of the facts givenIf the data are inadequate i.e., from the facts given you cannot say whether the inference is likely to be true or falseIf the inference is probably false though not definitely false in the light of the facts givenIf the inference is definitely false i.e., it cannot possibly be drawn from the facts given or it contradicts the given facts

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Some countries in the Western World have fixed a price band for steel products in their domestic markets.