26 lines
678 B
Markdown
26 lines
678 B
Markdown
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<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-5-chapter-02 -->
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# Public Warehouse System
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## Definition
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A system for collecting customs duties where imported goods are stored in
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government-controlled warehouses until duties are paid, allowing for more
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efficient collection and reduced smuggling opportunities.
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## Source Chapter
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Book V, Chapter 2
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## Context
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Smith proposes this system as a reform to improve customs collection, arguing
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that it would reduce the expense of collection, prevent smuggling more
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effectively, and allow for the simplification of customs duties.
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## Economic Domain
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General Theory
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---
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