|In an essay of 3-5 paragraphs, please answer the following:
Imagine that you have been asked by Amazon to submit a bid to build, own and maintain a distribution facility on a remote offshore island off Northeast Canada. The island has a significant population, but no bridges to the mainland. Air and ferry services are very limited. Using economic terminology, discuss what sort of considerations you would take into account when considering the transactions costs associated with this project. What actions would you take to protect your investment should you be the successful bidder?
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