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Economics of Italy

... Italy s GDP at PPP is the 6th largest in the World. Italy has a long established tradition of promoting and thriving on international trade. Italy can be defined as an open economy to international trade: Italy s share of foreign trade is well above its GDP share. Italy is a capitalistic economy that remains divided into a developed industrial north, dominated by private companies, and a less developed agricultural south, with more than 20% unemployment. Italy has adopted budgets compliant with the requirements of the European Monetary Union (EMU) since 1992.


Approximate Word count = 395
Approximate Pages = 1.6
(250 words per page double spaced)

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