a. Discuss the relationship between improved transportation and economic development, provide relevant examples from any country of
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Question:
a.Discuss the relationship between improved transportation and economic development, provide relevant examples from any country of your choice? (7 marks)
b.DiscussTHREErisks that must be considered by private individuals who are anticipating investing in the transportation industry.(6 marks)
c.ExplainTHREEpricing strategy that is used in the transportation industry in Jamaica; cite relevant examples.(6 marks)
d.Comment on the effectiveness of tolls on new roads in reducing market failure. {3 marks}
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