Domestic market example sentences

This will enable him not only to tide over the problems of demand saturation for his automotive parts in the domestic market, but would also help him reap various benefits that accrue to international firms.When competition in the domestic market is very intense, internationalisation seems to be the only way to achieve significant growth.Since one cannot purchase goods in the domestic market with foreign currency, a person who sells these bonds to foreign investors will exchange her foreign currency holding into rupee at a commercial bank.Business firms find it quite frustrating when demand for their products starts getting saturated in the domestic market.Exporting and importing are not such straight forward activities as buying and selling in the domestic market.Due to recession in the domestic market, he foresees prospects of his sales going up in the next few years in the domestic market.Export and import of goods is not that straight forward as buying and selling in the domestic market.The advantages to the business firms include: prospects for higher profits, greater utilisation of production capacities, way out to intense competition in domestic market and improved business vision.Many firms setup production capacities for their products which are in excess of demand in the domestic market.Many countries, especially the developing ones, could not execute their plans to produce on a larger scale, and thus create employment for people because their domestic market was not large enough to absorb all that extra production.What then is the basic function of foreign trade? To put it simply, foreign trade creates an opportunity for the producers to reach beyond the domestic markets, i.e., markets of their own countries.Highly competitive domestic market drives many companies to go international in search of markets for their products.