wine and olive oil
The primary agricultural goods produced in the US are corn, soybeans, and hay. Wheat, cotton, and grain are also major agricultural goods.
Yes Italy is an advanced economy. All types of manufactured goods are exported from Italy to the UK. Italy also has a large agricultural sector which exports to the UK. Included in this are many agricultural goods which because of the climate cannot be produced in the UK, or are cheaper to produce in Italy. For example, tomatoes, wine. Both Italy and the UK are in the EU, so there are no customs duties on Italian goods imported into the UK.
The total value of agricultural goods produced domestically (within a certain area or country).
Some goods produced in Asia include electronics, textiles, automobiles, pharmaceuticals, and agricultural products like rice and tea.
(i) Which goods should be produced and in how much quantity? (scarcity) (ii) What technique should be adopted for production? (efficiency, PPC) (iii) For whom goods should be produced? (allocation of goods)
Which goods should be produced? How will the goods be produced? For whom will the goods be produced? How much goods should be produced? At what rate will the goods depreciate? A+
Which goods should be produced? How will the goods be produced? For whom will the goods be produced? How much goods should be produced? At what rate will the goods depreciate? A+
Ferragamo belts are a very popular belt brand. Luxury goods Items such as the Ferragamo belt are produced in Italy, with many other locations worldwide.
mercantile centers for collecting agricultural goods and distributing imported manufactured goods.
Germany goods and service are produced
The Italian economy is driven in large part by the manufacture of high-quality consumer goods produced.
Consumers determines what goods and services are produced.