IR 213 USC: The race to the bottom refers to a competitive state where a company, state or nation attempts to undercut the competition’s prices by sacrificing the quality standards or worker safety, defying regulations or paying low wages.

Question

The race to the bottom refers to a competitive state where a company, state or nation attempts to undercut the competition’s prices by sacrificing the quality standards or worker safety, defying regulations or paying low wages.

Samuel Konsker · Accepted Answer

Race to the Bottom

IR 213 USC

The race to the bottom refers to a competitive state where a company, state or nation attempts to undercut the competition’s prices by sacrificing the quality standards or worker safety, defying regulations or paying low wages.

Race to the Bottom

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