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12 November, 05:16

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

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  1. 12 November, 08:11
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    The answer to this question is a race to the bottom term. The race to the bottom is a socio-economic term that place / put companies and businesses in a state of competition where prices of goods were cut. The term race to the bottom also means the deregulation of taxes in order to attract invesments.
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