Many of the successful Asia economies are facing key issues such as environment degradation as well as change in demographic with a sizable aging population, a) Explain carefully how the rapid industrialization in an Asia economy. may lead to the above stated issues What are the possible impacts on its level of trade competitiveness and long-term economic growth. Explain in detail b) Briefly discuss how collaborative efforts in ASEAN may and may not help the Asia economies to better manage the threats of environmental degradation due to rapid industrialization? Explain in detail