Which of these describes the "race to the bottom"?
A) the way in which countries near the bottom of the global hierarchy lower their prices to outbid other similar competitors for work
B) the way in which countries that stay near the bottom of the hierarchy too long begin to lose their national infrastructure
C) the way in which Global South countries try to appear poorer than they are to attract more aid from the Global North
D) the way in which poor countries misuse foreign aid as a means of development
Correct Answer:
Verified
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