Read the passage below and determine which of the following statements can be correctly inferred from the text. Passage: The global transition toward plant-based synthetic fibers is accelerating, fueled by the textile industry’s push for "circular fashion" and a reduction in carbon footprints. These bio-synthetic materials typically utilize agricultural byproducts, offering a sustainable alternative to petroleum-based polyesters. However, traditional oil-exporting nations are concerned about the shrinking market for petrochemicals used in synthetic fabrics. Simultaneously, nations with large agricultural sectors are considering heavy subsidies for their farmers to dominate the supply of bio-feedstock, while clothing manufacturers fear that high tariffs on imported raw fibers could disrupt their international supply chains. Which of the following can be inferred from the passage?
I. Using plant-based synthetic fibers can help lower the carbon footprint of the textile industry compared to using petroleum-based products.
II. Oil-exporting nations are indifferent to the shift toward plant-based fibers in the clothing industry.
III. Some nations may implement economic strategies, such as subsidies or tariffs, to influence the trade of raw fibers.