International Trade Economics: Trade Between Term Paper

S. markets are listed as being:

Import Licensing

Services Barriers

Also is concern in the presence of the government in the telecommunications market sector. U.S. exporters need to know that shipping of foods and agricultural products must be done to meet Italian requirements whether sealed and bonded or not. Italy has also banned the commercialization of four corn varieties approved by the EU. The biotech corn ban may be in violation of EU regulations. The United States and the European Union are the two regions with the largest amounts of imports in Textile and Clothing as well as in terms of their GDP and power of purchase. There are also investment barriers in place making it a lengthy process and investors are prohibited from the airlines and aircraft manufacturing markets. Government procurement is also a problem as it is fragmented in Italy and there are problems with Conclusion:

There are many problems in trade that could and should be overcome between Italy and the United States; however the United States with the signing of the agreement on textile will in effect be treading on Italy due to the fact that Italy has the practice of low-wage sweatshop type jobs within the country.Bibliography

Italy: Economy [Online] located at http://www.geographyiq.com/countries/it/Italy_economy_summary.htm

The World Textile and Clothing Trade: Globalization vs. Regionlization [Online] at http://64.233.161.104/search?q=cache:RhDXwbnGQ6KJ:blake.montclair.edu/'cibconf/co

2001 Country Reports on Economic Policy and Trade Practices; Bureau of Economic and Business Affairs U.S. Department of State, February 2002

Italy in the World Economy ICE Report 2003-2004

Stronger than expected growth spurs modest trade recovery (2004) WTO News Press Releases [Online] located at http://www.wto.org./english/news_e/pres04_e/pr373_.htm

Italy: Economy [Online] located at http://www.geographyiq.com/countries/it/Italy_economy_summary.htm

Italy in the World Economy ICE

Summary Report 2003-2004

Ibid. (Italy and the World

2001 County Reports: Italy Bureau of Economics and Business Affiairs.....