20 lines
696 B
Markdown
20 lines
696 B
Markdown
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# Market Integration Barriers
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## Definition
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The various obstacles that prevent different markets from being unified into a single economic system, including natural barriers like mountains and deserts, political barriers like tariffs and customs, and infrastructural barriers like poor roads and lack of navigable waterways.
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## Source Chapter
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Book I, Chapter 3
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## Context
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Smith discusses multiple types of market integration barriers: the frozen ocean preventing navigation in Tartary, the distance between African rivers preventing inland navigation, and political control over river courses preventing communication between upper country and the sea.
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## Economic Domain
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Regulation
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---
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