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# Public Warehouse System

## Definition

A system for collecting customs duties where imported goods are stored in
government-controlled warehouses until duties are paid, allowing for more
efficient collection and reduced smuggling opportunities.

## Source Chapter

Book V, Chapter 2

## Context

Smith proposes this system as a reform to improve customs collection, arguing
that it would reduce the expense of collection, prevent smuggling more
effectively, and allow for the simplification of customs duties.

## Economic Domain

General Theory

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