Transaction costs may be higher than in the domestic economy.
This is of particular interest to markets with transaction costs.
Those strategies are not worth the transaction costs, he said.
If transactions costs are 25p per share, would you follow his advice?
Therefore, if there were low transaction costs, then property rules should be used.
If the transaction costs were high, then liability rules should be used.
In other words, following a national economic framework, the transaction cost associated with the information process is too high.
It said the acquisition will cost $330 million, including transaction costs.
Examples of these are transaction costs, taxes and political risk.
It's been fun, and the transaction cost should be down to about 2.5%.