1. 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?