world market vs world markets

Both 'world market' and 'world markets' are correct, but they are used in different contexts. 'World market' refers to the global marketplace as a singular entity, while 'world markets' refers to the various markets around the world as separate entities.

Last updated: March 28, 2024 • 594 views

world market

This phrase is correct and commonly used to refer to the global marketplace as a singular entity.

Use 'world market' when referring to the global marketplace as a whole, without specifying individual markets.

Examples:

The company is expanding its presence in the world market.
Globalization has connected the world market like never before.

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Products using nanotechnologies represent a world market which Europe cannot afford to ignore.
A reduction in prices to world market levels for milk, beef and cereals has been proposed.
It is quite clear that the situation in a globalised world market means that all tendencies towards regionalisation have to be rejected.
The European Globalisation Adjustment Fund (EGF) was set up with the purpose of supporting the reintegration into the labour market of workers made redundant due to the current process of world market globalisation.
We must change the systems in order to create a healthy world market.
The fishing industry is one which supplies the EU and world market with a substantial amount of food.
Lowering guaranteed prices to world market level is going too far, in our view.
Our businesses must be competitive in a world market.
That validity period should be commensurate with world market requirements for the 2004/2005 marketing year.
The validity should be appropriate to world market requirements for the 2004/2005 marketing year.
In an increasingly competitive world market, it must maintain and increase its competitiveness while meeting the requirements of sustainable development.
In an expanding world market, the formula for artificial rubber would be worth... Its weight in gold.
We must explore the possibility of additional farm production to manufacture products separately for the growing world market without export refund or other cost to the EU budget.
In this way a better environment will be created while, at the same time, participation in a world market is made easier.
With the right actions, it can be very competitive and an increased world market can be achieved.
With a world market for GNSS estimated to be worth EUR 50 billion in 2005, it is clear that a European strategy must be given high priority.
Agriculture has to move in step with the liberalising world market, but we must be able to impose a change in direction and speed.
There is a huge world market for green processing, and we should put Europe on the map.
We have seen, though, how, for ten years, the Estonians left their agriculture to the mercies of world market conditions.
International competition is still being grossly distorted by South Korea's price dumping, meaning a further loss of world market share for the European Union.

Alternatives:

global market
international market
global marketplace

world markets

This phrase is correct and commonly used to refer to the various markets around the world as separate entities.

Use 'world markets' when referring to multiple markets in different countries or regions around the world.