Information Technology helps to promote Economies of scale, Specialization and Comparative Advantage due to the better understanding of opportunity costs. Tariffs and Quotas are effectively levied with the help of information technology, and other trade restrictions are in effect due to proper measures where technology makes it faster to collect data.  Foreign Direct Investment has become so much more feasible due to the advancement in technology while helping  the multinational corporations along with private investments in foreign countries as the effective information and quick and timely feedback on investments is readily available through advanced information systems.  Information Technology also protects domestic industry from competition and promote greater specialization within countries as the information on every country’s resources is accessible due to Internet and the promotion of E-Commerce. All these concepts fall under this article” . Please make sure to DISCUSS the role  technology plays in the hierarchy of competition among each market structure? Please choose one of the structures and explain the role of information and technology giving an edge to a business (an example) over the other rival.

reference:http://www.learner.org/series/econusa/unit27/