What is a domestic industry?

Domestic industry refers to manufacturers that produce goods within their country of residence. Domestic-industry products are sold in the country in which they are manufactured. but also can be exported, according to The World Trade Organization. Domestic industries usually consist of energy-related businesses, ...

What is a domestic market?

According to Cambridge Dictionaries Online, the domestic market is: “The number of customers who buy or may buy products and services offered by companies within their own country.” Many Swiss multinationals generate more sales in their US and EU markets than in their domestic market.

What is domestic industry in Egypt?

domestic industry means the Egyptian producers of the like product whose collective output represents a major proportion of the domestic production of that product. This definition is applicable to both industrial and agricultural production.

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