Can we draw the following hypothesis from the context (see options)?

Context:

I suppose we might as well blow another $49,249 on a cross cultural study of semiotic management and transformation of facial features in the makeup and masks of performers or $20,000 to examine the ecclesiastical courts of 19th century England or $35,000 for a study on craft industries in post-medieval Iran.

Hypothesis: England has only had 18 centuries.
pick from the following.
[I] Yes
[II] It's impossible to say
[III] No
[III]