Space in which commercial operations are carried out in more than one country.
The international market is that market or space in which commercial operations are carried out, such as the sale and/or purchase of goods, the exchange of services for money, among others, in more than one country, that is, this type of The market has a range of operation without geographical limitations.
Therefore, the international market is that environment in which certain needs are met through an exchange of goods or services, usually for money, worldwide.
In this market, economic agents actively participate by performing various activities such as offering goods or services, buying or selling products, etc. The most relevant factors that must be studied in a market are: the good or service to be offered or acquired, supply and demand, stability, distribution channels and prices, population, country or territory, among others.
The internal factors belonging to the market are affected by the actions carried out by the economic agents that participate in it, in such a way that they can modify the supply or demand of goods or services based on their needs or by establishing prices.
International markets are governed by international trade laws that are issued by the World Trade Organization (WTO). This entity is in charge of regulating and controlling commercial activities that take place between countries.
The main characteristics of the international market are listed below:
Some examples of international markets are listed below:
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