INT 113 Module Four Discussion: Government Regulations Various measures of government influence on trade and employment: Employment Law (Iltuosalario.it, 2016) Minimum wage varies by industry. Wages are defined by a national collective agreement (CCNLL). (Italian Constitution, Art. 36) Italy has a 20% gender pay gap. Men make an average of 2,333 Euro monthly, while women make 1,867 Euro monthly. Italian women are entitled to five months maternity leave Minimum age for admission to employment is 15 years Sales Tax (DutyCalculator, 2015) VAT (sales tax): 22% Various reduced tax rate of 4% & 10% on certain items Trade Policies (Office of the United States Trade Representative, 2014) The US-EU is the world’s largest trade relationships. It accounts for good and services trades of about $2.7billion daily (2012) and is responsible for roughly 6.8 million jobs (2010). Together, the EU countries rank 2 nd as both export and import markets for the United States (2015).
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