domestic trade is the one which takes place within a country.It is free to move around factors of production like land, labor, capital and labor capital and entrepreneurship from one state to another within the same country
Outsourcing increases the domestic supply of workers, driving down the price of labor.Outsourcing
If the size of the labor pool increases, wages will go down.
The similarities between domestic and internal trade is that both entail the factors of production like land, labor and capital. In both cases money is involved.
With the advent of globalization, countries who are in disadvantageous position, are rushing to markets where cheap labor is available, to have their products competitive. Even President Barrack Obama had to warn the U.S. Companies against their business process outsourcing to India, to get rid of high labor cost in U.S. and threatened to impose tax on them. Thus, in globalization only the cost factor is primary and the plight of labor force whether domestic or in alien country is secondary.
Day labor was made up of day laborers and domestic servants who were mostly women.
Domestic population
Labor Day grossed $13,371,528 in the domestic market.
A domestic strategy is one that is used to get money through trade and development programs. International labor standards are also encouraged.
Non-existant due to increased labor and material costs
domestic trade is the one which takes place within a country.It is free to move around factors of production like land, labor, capital and labor capital and entrepreneurship from one state to another within the same country
brick, carpet making , domestic labour, football stitching
Wages are likely to decrease.
Wages are likely to decrease.
Outsourcing increases the domestic supply of workers, driving down the price of labor.Outsourcing
If the size of the labor pool increases, wages will go down.
Domestic labor, such as maid work ,cleaning others homes.