Taiwan is an economy that has been ranked in the 19th position I the entire world on the basis of Purchasing power parity. In addition, it is ranked in the 18th position in terms of GDP at purchasing power parity (Fuller, Douglas and Murray 34). In terms of the economic freedom equality, Taiwan economy ranks 5thb in Asian Pacific Countries and 18th in the entire world. When compared to the neighboring markets, Taiwan Economy is comprised of Small and Medium sized Businesses, unlike in countries like South Korea where their economy is made of large business groups. It is Continue reading...