Taiwan And International Trade.

Taiwan, an island, is separated from the mainland of South China by the 100-mile-wide Taiwan Strait in the Pacific Ocean and is the seat of the Republic of China government (ROC). The capital of Taiwan is Taipei and other major cities include Kaohsiung, Tainan, Taichong, and Chilung. The languages spoken are the Mandarin, Fujianese (Amoy), and Hakka dialects. Religions on the island include Confucianism, Taoism, Buddhism, and Christianity. THE ECONOMY OF TAIWAN The 1990s have …

…rates, the people of Taiwan will experience increased buying power. The standard of living will also increase since Taiwanese will have a wider range of products at cheaper prices from which to purchase. Taiwanese companies will be forced to raise the quality of their products and services in order to compete with foreign companies thus affording the Taiwanese people more product for their money and ultimately increase spending-- leading to an even more robust economy.