Fractionalization principle asserts that there must be a possibility of freight
Fractionalization principle asserts that there must be a possibility of freight or a passenger to be shipped from one place to another without relying on a certain party (group). The Mid-Term paper is based on a topic from this class. You may choose a topic from the first four weeks of lecture readings. Use the course readings and web sites to extend the materials on the topic. Your paper should discuss and extend the information on the topic, and to…