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race to the bottom

Idiom Trade

Meaning

a situation where companies or countries lower standards to remain competitive

Example Sentences

"Reducing wages to attract investors can create a race to the bottom."

Related Expressions

time will tell

the future will reveal the outcome

from my point of view

considering something from one's own perspective

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to become worse or decline in health

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a way of thinking that relies heavily on logic and computati...

cut someone down to size

to criticize someone to make them feel less important

a rock in a hard place

to be in a very difficult or challenging situation