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How does Bolivia and Paraguay being landlocked affect the economy?
Wiki User
∙ 12y ago
The largest factor in how being landlocked affects Bolivia and Paraguay is their inability to ship cargo by sea. For many coastal countries, shipping things buy boats makes up a large portion of the local and national economy. Since they are not able to send things by sea, a lot of potential money is unavailable to the countries. Despite being landlocked, Bolivia and Paraguay can still ship smaller amounts of cargo by river, but this is not used often do to most rivers being too shallow for barges and other ships.
Wiki User
∙ 12y ago
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original answer(not by myself) :they wouldn't have seafood to sell or eat . haha funny(and terrorfying) but being landlocked means alot of things mainly 1. It most likely will not get a lot of trading because of no sea ports. This results in lower export/income 2. It can be blockaded by neighbouring countries,it will have more incentive to be friendly. 3. It will not have a navy,resulting in less military power generally countries which are landlocked don't become big empires. like Canada,US of A,China,Rome,U.K
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