To attract investment,developing countries may enter a "race to the bottom" by lowering environmental standards and some may become "pollution havens."

Question

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This is a phenomenon known as the "race to the bottom" in which developing countries lower their environmental standards and regulations to attract investment. As a result, some may become "pollution havens" due to the lack of environmental safeguards. This has been seen in various industries such as manufacturing and mining.

To Attract Investment,developing Countries May Enter a "Race to the Bottom