Questions: India offers many opportunities for trade because (More than one answer may be correct) - it's working population will continue to grow in size - it is easy to do business there with few regulations - it has strong information and scientific sectors in its economy - it has a young and growing population

India offers many opportunities for trade because (More than one answer may be correct)
- it's working population will continue to grow in size
- it is easy to do business there with few regulations
- it has strong information and scientific sectors in its economy
- it has a young and growing population
Transcript text: India offers many opportunities for trade because $\qquad$ (More than one answer may be correct) it's working population will continue to grow in size it is easy to do business there with few regulations it has strong information and scientific sectors in its economy it has a young and growing population
failed

Solution

failed
failed

The correct answers are:

  • It has a young and growing population.
  • It has strong information and scientific sectors in its economy.

Explanation for each option:

  1. It's working population will continue to grow in size: This is partially correct. While a growing working population can be an opportunity, it is not the primary reason for trade opportunities. The key factor is the demographic advantage of having a young and growing population, which can drive consumption and innovation.

  2. It is easy to do business there with few regulations: This is incorrect. India has made significant improvements in its ease of doing business rankings, but it still faces challenges with regulatory complexities and bureaucratic hurdles. Therefore, it is not characterized by having "few regulations."

  3. It has strong information and scientific sectors in its economy: This is correct. India is known for its robust IT and scientific sectors, which are significant contributors to its economy and offer numerous opportunities for trade and investment.

  4. It has a young and growing population: This is correct. A young and growing population can lead to increased demand for goods and services, making India an attractive market for trade. Additionally, a youthful demographic can contribute to a dynamic workforce and innovation.

Was this solution helpful?
failed
Unhelpful
failed
Helpful