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Urban Craftsmen and Traders in the Roman World$
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Andrew Wilson and Miko Flohr

Print publication date: 2016

Print ISBN-13: 9780198748489

Published to Oxford Scholarship Online: March 2016

DOI: 10.1093/acprof:oso/9780198748489.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 22 January 2022

Mercantile Specialization and Trading Communities: Economic Strategies in Roman Maritime Trade

Mercantile Specialization and Trading Communities: Economic Strategies in Roman Maritime Trade

Chapter:
(p.97) 4 Mercantile Specialization and Trading Communities: Economic Strategies in Roman Maritime Trade
Source:
Urban Craftsmen and Traders in the Roman World
Author(s):

Candace Rice

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780198748489.003.0005

This chapter discusses the economic strategies of maritime traders. It starts from the observation that the epigraphic evidence for negotiatores suggests that specialization among traders was widespread, and that, by focusing on a particular niche, traders could become successful entrepreneurs. The chapter analyses an array of strategies for maritime trade and transport, and shows how each of these strategies can also be traced back in our evidence, which suggests that trade practice in the Roman Mediterranean was flexible and adapted to specific economic circumstances. To enhance their chances for economic success some traders formed permanent trading communities in key port cities.

Keywords:   Roman traders, Roman economy, maritime trade, trading communities, negotiatores, shipwrecks

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