Domestic market
Part of a nation's internal market representing the mechanisms for issuing and trading securities of entities domiciled within that nation. Compare external market and foreign market. | ||||
Search Dictionary:
Domestic market definition was found in categories: Encyclopedia(1)
Domestic market Definition from Encyclopedia Dictionaries & Glossaries
| Wikipedia English - The Free Encyclopedia |
Domestic market
In economics, a market is a mechanism which allows people to trade. The domestic market therefore includes all trade mechanisms within one country, excluding exports and imports.
market can also be thought of as a group of people who might buy a given product. In this sense, a company might be doing well in the college age market, but poorly with elders. While a person could make any number of arbitrary distinctions between different groups of potential customers, whether these people live ( or operate ) within the same country is more important than many other divisions. Doing business within a company's domestic market avoids import and export tariffs.
| See more at Wikipedia.org... |