How many jobs are supported by International Trade in Florida?

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Prepare for your UCF GEB3375 Intro to International Business Exam 1. Utilize flashcards and multiple choice questions with explanations to ace your test. Get fully equipped!

International trade plays a significant role in Florida's economy, supporting a substantial number of jobs throughout the state. The figure of 2,400,000 jobs being supported by international trade reflects the vast network of industries and sectors that benefit from exports and imports. These jobs span various fields, including agriculture, manufacturing, services, and logistics, showing how interconnected the global economy is with local economies in Florida.

Additionally, Florida's geographical position as a gateway to Latin America and its well-developed infrastructure, such as ports and airports, enhance its role in international trade. The figure also takes into account both direct employment in industries that engage in export/import activities and indirect jobs generated in related sectors, amplifying the overall impact of international trade on the state's job market.

Understanding this number provides insight into how vital international trade is to Florida's economic health and workforce.