Theories of Globalization and Trade

Theories of Globalization and Trade
Music software such as Tidal, Spotify and iTunes have revolutionized the music business. With the advent of peer to peer sharing via the internet, it is no longer necessary to purchase the physical copies of music. Music software distributor companies have availed soft copies of the music customers need at their convenience. However, the online purchase of music does not eliminate the transaction costs of purchasing the music.

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