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Transaction costs can be described as frictions in the market. The question asks you to discuss how ICTs can help smoothing the exchange of goods and services in electronic markets. To answer the question is necessary to discuss what is meant by friction and to discuss how ICT can reduce these frictions.

Transaction costs can be described as frictions in the market.

The question asks you to discuss how ICTs can help smoothing the exchange of goods and services in electronic markets.

To answer the question is necessary to discuss what is meant by friction and to discuss how ICT can reduce these frictions.

Interested in a PLAGIARISM-FREE paper based on these particular instructions?...with 100% confidentiality?

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