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Middlemen is: reduce transactions costs. or impede trade and hinder economic growth?

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Question added by Samer Khatib , Economics Moderator , Bayt.com
Date Posted: 2016/10/07
Harikrishnan Kalarikkal Joshi
by Harikrishnan Kalarikkal Joshi , Accountant and Auditor. , Mnoj&co

according to me middlemen may increase the transactions  cost  due to the fact that he might charge his profit too in the transaction. but if their is a middlemen the transaction become  less time consuming. 

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