How to edit dropdown selected items in Angular 2?

Question

hi i am new to angular 2..here i am trying to edit selected item in Dropdown.but how can i do this?

 

<label>Select Market</label>

<select class="user-preselect btn-add" style="width: 90%;height: 34px;">

<option value="0" selected="selected">ADD Market</option>

<option *ngFor="let country of Countrylist" value={{country.id}} >{{country.marketname}}</option>

</select>

 this is Dropdown. i need to bind the selected items and do edit update like below image 

 

<form>

<div >

<label>Market Code:</label>

<input id="Mcode" type="text" /></div>

<div><label>Market Name:</label>

<input id="Mname" type="text" /></div>

<div class="form-group">

<button class="btn btn-danger" type="submit">Reset</button>

<button class="btn btn-success" type="submit">Update</button></div>

</form>

 how i can achive this please help