Merging Fields
Fields attached to a term are merged along with the term. Again, there is no magic understanding of what a term means. But at least, if there are for example comment fields, they are preserved and may help to distinguish multiple translations.
Merging Picklist Fields
Most fields just add a new instance of the field, So if we assume that the country field above is a text field, you'll end up with a term with two country fields.
This doesn't make sense for a picklist field with its limited values, so termbases only allow one instance for picklist fields. Assuming that the country field is a picklist, you'll end up with just one field with both values selected.
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