Question: a. Discuss the relationship between improved transportation and economic development, provide relevant examples from any country of your choice? (7 marks) b. Discuss THREE risks

a. Discuss the relationship between improved transportation and economic development, provide relevant examples from any country of your choice? (7 marks) b. Discuss THREE risks that must be considered by private individuals who are anticipating investing in the transportation industry. (6 marks) c. Explain THREE pricing 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

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