FOREIGN ECONOMIC RELATIONS OF ITALY

Since the second half of the twentieth century, the country’s foreign economic relations  have significantly expanded. The volume of exports exceeded 20% of GDP. In 2000, the value of commodity exports amounted to 237.8 billion dollars. (3.7% of world exports), according to this indicator, Italy ranked eighth in the world, the value of commodity imports […]

Machine-Building Complex

The intersectoral machine-building complex unites enterprises and production of mechanical engineering and metalworking (and in the conditions of Belarus includes metallurgy), aimed at meeting the needs of the national economy in the means of production, tools, and long-term consumption items. Since 1975, in terms of gross output, the cost of fixed production assets and the […]