Solved by verified expert:After reading the case study on page 169 of your textbook, you’ll answer the following questions:Describe the nature of government intervention in India. What is the likely effect on business activities? Why has the Indian government hindered the entry of Walmart, Carrefour, and other large retailers into the country? Describe how India’s government is attempting to liberalize the nation’s regulatory environment. Be sure to examine this week’s Critical Thinking Assignment’s questions from many different viewpoints.Your well-written paper should meet the following requirements:6 pages in lengthSupport your analysis by referencing and citing at least three scholarly sources in addition to embedding course material concepts and principles. Use academic writing standards and APA style guidelines, citing references as appropriate.