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Explaining the Importance of Emerging MarketsPin ItEmerging markets affect the domestic market in America and its interaction with the global markets. Businesses from emerging markets are traded vigorously on the American stock market; hence it is important to understand emerging markets and their impact from domestic and global perspectives.In this assignment you will explain the importance of emerging markets to both domestic and global markets. Do the following to complete this assignment:Define what an emerging market is from a domestic perspective.Define what an emerging market is from a global perspective.Explain the importance of an emerging market from a domestic viewpoint.Explain the importance of an emerging market from a global viewpoint.Utilize at least two scholarly sources.Write a 3–5-page paper in Word format.

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