home market
Native commercial territory
Home market refers to the domestic economy where a company or industry is based, as opposed to foreign or international markets.
A business might dominate its home market before expanding abroad: The automaker controlled 40% of its home market but struggled overseas.
Trade policies often aim to protect home markets from foreign competition.
- buyersThose who obtain goods
- sellersThose who offer wares
- import substitutionDomestic production over foreign goods
- domesticOf the home
- domestic productionCreating goods within one's country
buy local · trade balance · local · mom and pop · brick and mortar · commerce · purchasing habits · distribution channels · supply chain · consumer base · trade tariffs · regional trade · trade war · fair trade · consumer trends · export restrictions · tax policies · brand loyalty
- sports blackouts
home marketexport market
Foreign demand for goods
foreign trade · global market · world market · cross-border trade · emerging markets
home marketemerging market
Industrializing nation's financial system
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