Question

Toyota's just- in- time system is an example of using transfer pricing to avoid price controls. backward (upstream) integration. quasi-vertical integration. horizontal, downstream integration.

Answer 1

quasi vertical integration

Step-by-step explanation:

Quasi vertical integration is the vertical integration in which there is ownership by one firm i.e. downstream that closed to point where consumption ends or the upstream where the specialized tool and equipment are used

Also the firm that controls has a strong position but it is less as compared with the real vertical integration

Therefore according to the given situation, the second option is correct