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The "Race to the Bottom" in Relation to the Global

Question 17

Multiple Choice

The "race to the bottom" in relation to the global economy means that:


A) retailers and manufacturers are competing to have the most appealing work conditions and benefits for the lowest-level employees
B) retailers and manufacturers are making an effort to give the lowest-level workers more decision-making power
C) retailers and manufacturers are building more and more factories underground so they do not have to worry about environmental degradation
D) retailers and manufacturers will go anywhere to find the lowest wages
E) large retailers are racing to acquire all small firms with the goal of making small firms obsolete

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