Question: 5 . Read the chapter s closing case, and then answer the question. During the COVID - 1 9 pandemic, countries have needed to make

5 .

Read the chapter

s closing case, and then answer the question.

During the COVID

- 19

pandemic, countries have needed to make tough decisions and take decisive action during a time when much was still unknown. What is this an example of

?

.

Bounded rationality

.

Transaction costs

.

Opportunism

.

Nonmarket strategy

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