Consider a country that imports a good from abroad. For each of the following statements, say whether it is true or false. Explain and use supply and demand diagrams to justify your answer. Points will be given to your explanations and arguments not "guessing" the correct answers (i.e., true or false)

a- "The greater the elasticity of demand, the greater the gains from trade."

b- "If demand is perfectly inelastic, there are no gains from trade."

Please use a graph to support the answers