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Discuss the implications of the rapid economic rise of China, India, and the Association of South...

Discuss the implications of the rapid economic rise of China, India, and the Association of South East Asian Nations (ASEAN). The answer must be at least 300 words.

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Answer #1

The China and India are emerging economies in the Asian continent the rapid changes in their economic structure resulted in economic benefits in division of labor and specialization, and the market share

Likewise, Association Of South East Asian Nation (ASEAN) is a regional and international organization established to promote military, social-cultural, education, political mutual corporation, and promotions of the members' countries of South Asia

This above factor implies that these Asian countries are now emerging as great market for the developed countries and these countries also compete with developed nation due to there availability of the resources results in the comparative advantage in international trade.

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