Consider the following statements:,I. Suez Canal is an important link between developed countries and developing countries.,II. It joins the Mediterranean Sea with the Gulf of Suez,III. It is not a sea level canal.,Which of the statement given above is/are correct?

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Consider the following statements:,I. Suez Canal is an important link between developed countries and developing countries.,II. It joins the Mediterranean Sea with the Gulf of Suez,III. It is not a sea level canal.,Which of the statement given above is/are correct?