626 B
626 B
Frozen Ocean Barrier
Definition
The natural barrier to navigation and trade created by Arctic and sub-Arctic waters that remain frozen for much of the year. Frozen oceans prevent maritime commerce and limit the development of markets and specialisation in regions dependent on such waterways.
Source Chapter
Book I, Chapter 3
Context
Smith identifies the frozen ocean of Tartary as a barrier that admits of no navigation, contributing to the barbarous and uncivilized state of inland Africa and northern Asia by preventing maritime commerce and limiting market development.
Economic Domain
Exchange