Question

Which statement best summarizes a major challenge in India's economy? (1 point) Responses 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. High competition causes businesses to collapse. Outsourcing leads to fewer jobs.

Answer 1

Tariffs, quotas, and other protective regulations limit trade.