The perception that globalization leads countries to compete by lowering environmental and labor standards is called the
A) survival of the fittest.
B) economic Darwinism theory.
C) international social compact.
D) race to the bottom.
E) multinational manifesto.

Question

Quizplus · Accepted Answer

The term "race to the bottom" refers to the idea that countries will engage in a competition to attract companies and businesses by offering lower environmental and labor standards. This can lead to a situation where all countries end up lowering their standards in order to remain competitive.

The Perception That Globalization Leads Countries to Compete by Lowering