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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

Keep fighting the good fight

Continue your efforts even when facing challenges.

in a tight spot

to be in a difficult or tricky situation

follow in someone’s footsteps

to do the same work or live the same way as someone else, us...

reach new heights

to achieve more than before, to improve

burn your bridges

to make a decision that cannot be reversed

judge a book by its cover

to form an opinion based on appearance only