international-markets

Vocabulary Word

Definition

'International markets' refers to the various geographical areas worldwide where companies buy and sell products. Imagine different shops in different countries, but they're all in business together.

Examples in Different Contexts

In global trade, 'international markets' refer to the buying and selling of goods and services across national borders. A trade analyst might say, 'Understanding international markets is essential for businesses looking to expand their reach globally.'

Practice Scenarios

Academics

Scenario:

As much as we talk about the local economic impact, we also need to focus on studying varied global economies.

Response:

I second that. Understanding the intricacies of international markets yields more comprehensive insights into global economic structures.

Tech

Scenario:

Our app has gained good momentum locally. We should consider global expansion to match our growth.

Response:

I agree. Expanding into international markets may increase the reach and acceptance of our app significantly.