QOTD Tie-in Potential consequences of being landlocked – no sea resources, no fishing, little seaborne trade, transportation costs are higher, communication.

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Presentation transcript:

QOTD Tie-in Potential consequences of being landlocked – no sea resources, no fishing, little seaborne trade, transportation costs are higher, communication difficulties and distance decay Ways to address problem – acquire land that reaches the sea, trade agreements that allow for free transport of goods across international borders, international waterways Potential benefits of being landlocked – automatic trade barrier, local food production can thrive, low level of cheap imports could benefit local businesses Liechtenstein, Luxembourg, Switzerland – landlocked but well off Why?