world market
International trade arena
The world market is the global arena where goods, services, and capital are bought and sold across national borders.
It treats the entire planet as a single marketplace: Coffee prices depend on the world market, China's entry into the world market transformed manufacturing.
The term often appears in discussions of commodities, trade policy, and economic globalization.
- globalRelating to entire world
- global economyInterconnected international financial system
- tradeExchange of commodities
- free tradeUnrestricted international exchange
- trade warRetaliatory economic hostilities
economy · commerce · international · exchange · foreign exchange · stock exchange · commodities · commodity prices · exports · imports · trade deficit · supply chain · stock · currency · emerging · capitalism · finance · supply
- globalglobal, international, universal, planetary, earth
- tradetrade balance, free trade, trade barriers, customs, trade deficit
- cultural diversitycultural diversity, ethnic enclave, ethnic neighborhoods, Chinatown, Little Italy
world marketlocal market
Nearby retail establishment
domestic market · regional market · village market · neighborhood market · national market
world marketautarky
Complete economic independence
economic nationalism · command economy · subsistence economy · protectionism · trade barriers
world, market, worlds, worldly, worldwide, otherworldly, markets, marketed, marketing