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For each of the following statements say whether it is true or false and explain why using a couple of sentences, graphs or equations. 1.

For each of the following statements say whether it is true or false and explain why using a couple of sentences, graphs or equations. 1. Canada gained from the Canada-U.S. free trade agreement (CUSFTA) of 1989. 2. Skill-biased technological change and the Heckscher-Ohlin model can both explain why the relative demand for skilled workers has increased within all sectors in developed countries in recent decades.

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