. Class of 2000 Recent history and Arthur Teele suicide, For the World War II and United States Air Force Reserve use of the airport see Miami Army Airfield. See also: Culture of Florida 11.1.2 High schools 1940 1,897,414 29.2% The first entry mode is exporting Exporting is the sale of a product in a different national market than a centralized hub of manufacturing in this way a firm may realize a substantial scale of economies from its global sales revenue As an example many Japanese automakers made inroads into the U.S market through exporting There are two primary advantages to exporting: avoiding high costs of establishing manufacturing in a host country (when these are higher) and gaining an experience curve Some possible disadvantages to exporting are high transport costs and high tariff barriers.
Florida's $1.0 trillion economy is the fourth largest in the United States If it were a country Florida would be the 16th largest economy in the world and the 58th most populous as of 2018 in 2017 Florida's per capita personal income was $47,684 ranking 26th in the nation the unemployment rate in September 2018 was 3.5% and ranked as the 18th in the United States Florida exports nearly $55 billion in goods made in the state the 8th highest among all states the Miami Metropolitan Area is by far the largest urban economy in Florida and the 12th largest in the United States with a GDP of $345 billion as of 2017 This is more than twice the number of the next metro area the Tampa Bay Area which has a GDP of $145 billion Florida is home to 51 of the world's billionaires with most of them residing in South Florida, College of Nursing and Health Sciences, Main article: Draining and development of the Everglades. .
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