Question: What is the race - to - the - bottom dynamic? a . States sometimes impose strong regulations that can hinder business growth. b .

What is the race-to-the-bottom dynamic? a. States sometimes impose strong regulations that can hinder business growth. b. States sometimes compete with each other to attract business by lowering taxes and regulations to make their locations more appealing. c. States impose limited regulations for businesses that pay higher taxes. d. States raise taxes on local communities to improve them and attract businesses.

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