the global market vs global market

Both 'the global market' and 'global market' can be correct, but they are used in different contexts. 'The global market' refers to a specific worldwide market, while 'global market' can be used to describe the concept of a market that operates on a global scale without specifying a particular market. It is important to note that the English article "a" is needed before "global market".

Explained by Vince
Editor at TextRanch

Last updated: June 25, 2024 • 698 views

the global market

This phrase is correct and commonly used in English to refer to the worldwide market as a whole.

Use 'the global market' when referring to the worldwide market as a whole, emphasizing a specific global market.

Examples:

The global market for smartphones is highly competitive.
She works in the global market for luxury goods.
Understanding the trends in the global market is crucial for business success.
The company is expanding its presence in the global market.
He has extensive experience in the global market.

Show examples from the web [+]

The new configuration of competitive models on the global market is imposing major changes.
European businesses have become more competitive and have a stronger position on the global market.
The Framework for Economic Development in Scotland (FEDS) is focused on ensuring productivity and competitiveness on the global market.
Multinationals operating in Latin America control over 80 % of the global market.
European industry could loose its leading position on the global market.
Harmonisation at this point would seem rational in the context of the global market.
What is at stake is Europe's competitiveness in the global market.
Access to the global market is essential for developing countries.
The European Union can play an important role in this sector on the global market.
The European Union's position in the global market in this sector must be enhanced.
Accessibility of information on entities active on the global market is particularly important.
The framework will enable the European industry to maintain and consolidate its leading position in the global market.
The conditions and principles of trade on the global market therefore have important consequences for European agriculture.
Biofuels produced from sugar cane are very competitive in the global market.
They need to give everything in order to ensure greater economic competitiveness within the global market.
That will both enable the Union to retain its competitive edge in the global market and provide people with new job opportunities.
Secondly, the Korean economy is part of the global market.
The Committee has further asserted that: The new configuration of competitive models on the global market is imposing major changes.
However Galileo will be more efficient on the global market and EGNOS will complement other systems and improve the quality of information.
MON 810 transgenic corn is produced by the American company Monsanto, which dominates 97 % of the global market.

Alternatives:

the international market
the worldwide market
the global economy
the global marketplace
the global trade

global market

This phrase is correct and commonly used in English to describe the concept of a market that operates on a global scale without specifying a particular market.

Use 'global market' when referring to the general concept of a market that operates on a global scale without specifying a particular market.