English to Italian Bus/Financial Finance (general) globalizzazione

For example, it was common to argue that East Asian export subsidies simply offset the effects of import protection, resulting in near–free trade conditions. Similarly, price “distortions” in East Asia and elsewhere were rarely directly compared. If they were, it would be obvious that East Asian governments had not been on the side of angels. One of the bibles of the revisionists, a book project undertaken for the OECD, calculated an index of price distortion for a number of countries so as to compare their trade regimes in an objective manner. Among the countries included were Taiwan, the archetypal outward-oriented country, and Mexico, a leading case of inward-looking development.