DOMESTIC BUSINESS AND

INTERNATIONAL BUSINESS AT A
GLANCE
PREPARED BY: JENALYN V. BALDREZ
DOMESTIC BUSINESS
o It is where the company has economic transactions that are done within the country’s
geographical limits.

Definition:
 Exchange of goods and services
 Geographical boundaries
 Economic transaction
 Geographical limits
INTERNATIONAL BUSINESS
o Refers to any business that operates across international borders. At its most basic,
it incudes the sale of goods and services between countries.

Definition
 All commercial transaction
 Two or more nations
 Exchange goods and services
 Different countries
Difference between Domestic Business and International Business

o Domestic Business involves those economic transactions that take place within the
geographical boundaries of a country.
o On the other hand, International Business involves those economic transactions
that take place outside the geographical boundaries of a country.
References:

https://byjus.com/commerce/difrence-between-domestic-and-international-business
https://www.geeksforgeeks.org/difference-between-domestic-business-and-international
-business/amp/