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# Agricultural Market Access Inequality

## Definition

The disparities in market opportunities between different agricultural regions created by differences in transportation infrastructure, institutional restrictions, and geographical advantages that determine farmers' ability to sell their produce at favorable prices.

## Source Chapter

Book III, Chapter 2

## Context

Smith analyzes how medieval institutions created systematic inequalities in market access, with regions near navigable waterways or free trading centers having significant advantages over inland areas trapped by trade restrictions and poor transportation infrastructure.

## Economic Domain

Exchange

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