Direction: A statement with one blank is given below. Choose the set of words from the given options which can be used to fill the given blanks. ________________________ , given that the countries had been negotiating the deal since last year, with little success. I. The signing of the Memorandum of Cooperation is significant II. The joint initiative is estimated to cost between 500 million and 700 million III. Detai

Step-by-step solution

Statement I: The signing of the Memorandum of Cooperation is significant, given that the countries had been negotiating the deal since last year, with little success- The statement as a whole is logical with the first fragment providing a perfect introduction to the second fragment. Statement II: The joint initiative is estimated to cost between 500 million and 700 million, given that the countries had been negotiating the deal since last year, with little success- This does not sound meaningful as the first fragme