the truth is that an observer without any ax to grind would probably conclude that none of the policies adopted either on or in defiance of the IMF's advice made much difference either way
主干是主系表结构追答
the truth主语 is系动词( that an observer without any ax to grind would probably conclude that none of the policies adopted either on or in defiance of the IMF's advice made much difference either way)表语从句
表语从句里
that 引导词an observer主语( without any ax to grind would定语) probably conclude谓语( that none of the policies adopted either on or in defiance of the IMF's advice made much difference either way)宾语从句
宾语从句里
that引导词 none of the policies主语( adopted either on or in defiance of the IMF's advice定语 )made much difference either wa
三层结构