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.
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Famous quotes containing the words domestic and/or market:
“Men perceive that equating love and domestic work is a trap. They fear that to get involved with housework would send them hurtling into the bottomless pit of self-sacrifice that is women’s current caring roles.”
—Debbie Taylor (20th century)
“To market ‘tis our destiny to go.”
—Robert Frost (1874–1963)