 Italy is constituted by 20 regions ("regioni")—five of these regions having a special autonomous status that enables them to enact legislation on additional matters, 107 provinces ("province") or metropolitan cities ("città metropolitane"), and 7,960 municipalities ("comuni").Italy has a major advanced capitalist mixed economy, ranking as the third-largest in the Eurozone and the eighth-largest in the world.A founding member of the G7, the Eurozone and the OECD, it is regarded as one of the world's most industrialised nations and a leading country in world trade and exports.