Which statement best summarizes a major challenge in India's economy? (1 point)

Question

Responses

Outsourcing leads to fewer jobs.
Outsourcing leads to fewer jobs.

Tariffs, quotas, and other protective regulations limit trade.
Tariffs, quotas, and other protective regulations limit trade.

The government does not invest in improvements to job training and machinery.
The government does not invest in improvements to job training and machinery.

High competition causes businesses to collapse.

Answer 1

Tariffs, quotas, and other protective regulations limit trade.