What is the global marketplace?
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the global marketplace" in Business English. the global marketplace noun [ C ] uk us COMMERCE. all the customers or possible customers for a product or service in all areas of the world considered together: The company is trying to become a technological leader in the global marketplace.
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The term "global marketplace" refers to the international production and exchange of goods, services and money. A key factor for success in the current global marketplace is the Internet as a free source of information available 24 hours per day.
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