Problem
Nature of the exchange relationship decision
Article: "Townsville Eastern Access Rail Corridor".
a) Identify a separate contract/likely separate contract (one contract) for an externalised activity (or activities) that generates an external exchange/likely exchange and assess qualitatively (using words) the nature/likely nature of this external exchange relationship and the level of the transaction cost economics variables.
b) Critically comment, by reference to theory and practice, on how much this nature of the exchange decision/likely decision appears to be efficient, including explaining the way in which this decision/likely decision contributes to or undermines project outcomes.