Comparative Analysis of Global Consumers (Italy) Essay

Comparative Analysis of Global Consumers (Italy) - Essay ExampleToday, the USA and Italy are working together on major economical issues. Both countries are the member of G-8. Italy, having a large population and high per capita income is the United States 10th biggest trading partner, with a joint trade of $42.5 billion, with exports to Italy totaling $11.5 and imports from Italy totaling to $31.0 Billion. The US excessively had a $19.5 Billion shortage with Italy in 2005 which rose up from 17.4 billion in 2004.Major transformations can be seen in this trade nowadays. Products such as, post machinery and aircraft are becoming important US exports to Italy. The USs foreign investment in Italy was $33.3 billion at the end of the year 2004.Two hard years, distinct by a financial slump in Europe and a damaging Euro/ Dollar exchange rate. In 2003, there were the first signs of recovery, which were later confirmed in the year 2004, and it became a solid movement in the early 2005. Once the slump was over the Italian machine tool industry started to run swimmingly confirming the positive trends.This was an important sign first being because of the trend in the machine tool sector, which was a good sign in the amuse of the industry as a whole in the new investment sector. This indicator measures business brightness, the development objectives measured are achievable and the motivation to put together the financial resources by increasing the risk capital. Another reason is the nature of this sector. With a 4 billion turnover and over more than 35000 jobs, this industry is adept of the most important in the world along with the United States, Taiwan, Japan and Germany. The major reason of it is because of its size and the percentage of the products exported.