Gross Domestic Product (Price Level and Aggregate supply)
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Italy’s official exchange rate is $2.068 trillion. Italy’s per capita (PPP) GDP is $29,600. After the GDP is calculated the country finds the price level and the aggregate supply to find the nation’s total economy. Price level is the average of all the prices in the economy and the aggregate supply is the total amount of goods and services in the economy available at all possible price levels.
Foreign Aid/ Grants
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Italy’s foreign aid for exporting goods and services is Germany, France, United States, Switzerland, United Kingdom, Spain. Italy’s foreign aid for importing goods and services is Germany, France, China, Russia, Netherlands, Spain, Belgium.