The economic performance of emerging markets significantly impacts international trade. As these markets grow and industrialize, they increase their demand for imports, thus stimulating global trade. Additionally, as their economies develop, they also increase their production capacity, leading to an increase in exports to other countries. This not only boosts global trade but also affects the balance of trade between different countries. Furthermore, the economic growth in these markets can lead to increased investment, both domestic and foreign, which can further stimulate international trade.
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According to a financial services company, Charles Schwab Corporation, emerging markets are countries undergoing rapid economic growth and industrialization. These countries, Charles Schwab website states, make up 59% of the world's population and 40% of the world's economic output. Also, it's worth mentioning that per the April 2019 International Monetary Fund (IMF) estimate, emerging market economies are expected to grow faster than developed economies, at 4.8% in 2020, compared to 3.6% for their developed peers.