A domestic market is a financial market. Its trades are aimed toward a single market. A domestic market is also referred to as domestic trading. In domestic trading, a firm faces only one set of competitive, economic, and market issues and essentially must deal with only one set of customers, although the company may have several segments in a market.
There are certain limitations when competing in a domestic market, many of which encourage firms to expand abroad. The main reasons why a business would decide to expand abroad is down to a limited market size and limited growth within the domestic market.
Read more about Domestic Market: Korea, United States
Famous quotes containing the words domestic and/or market:
“The appeal of the New Right is simply that it seems to promise that nothing will change in the domestic realm. People are terrified of change there, because it’s the last humanizing force left in society, and they think, correctly, that it must be retained.”
—Gerda Lerner (b. 1920)
“To market ‘tis our destiny to go.”
—Robert Frost (1874–1963)