What is it called when nations compete to attract transnational corporations by undercutting their citizens' wages or offering tax incentives?

A) collective resistance strategies
B) the collective distribution of goods and services
C) the race to the bottom
D) postindustrial union bargaining

Question

Aubree Hamilton · Accepted Answer

Final Answer : C, Explanation :  The term race to the bottom refers to a situation where nations compete against each other to attract transnational corporations by offering lower wages to their citizens or tax incentives. This can lead to a downward spiral of labor standards and protections as each nation tries to undercut the other to attract business.

What is it called when nations compete to attract transnational corporations by undercutting their citizens' wages or offering tax incentives?

A) collective resistance strategies
B) the collective distribution of goods and services
C) the race to the bottom
D) postindustrial union bargaining

Definitions

Learning Objectives

Learning Objectives

Related questions

What is it called when nations compete to attract transnational corporations by undercutting their citizens' wages or offering tax incentives?A) collective resistance strategiesB) the collective distribution of goods and servicesC) the race to the bottomD) postindustrial union bargaining

Definitions

Learning Objectives

Learning Objectives

Related questions

What is it called when nations compete to attract transnational corporations by undercutting their citizens' wages or offering tax incentives?

A) collective resistance strategies
B) the collective distribution of goods and services
C) the race to the bottom
D) postindustrial union bargaining