Is closed domestic market an ethical issue for firm

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The text describes that some firms are started in countries with relatively small populations combined with small domestic markets, such as Taiwan, Australia, and Finland. In these cases, the firms often rapidly expand internationally to reach a large enough market for economies of scale. Some large countries (such as Brazil, China, and Japan) have economic incentives (and sometimes mandates) for firms to export their products. There are cases where such mandates result in products available internationally but not to the local population (except perhaps through a "black-market" or unofficial distribution channel).

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Is this closed domestic market an ethical issue for the firm? Is it an ethical issue for the government? Why or why not?

Reference no: EM133045680

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