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For the State Florida USA, What is its capital account balance in regards to Foreign Direct...

For the State Florida USA, What is its capital account balance in regards to Foreign Direct Investment?

How does the State of Florida USA encourage or restrict trade with other nations?

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Answer #1

Florida state received 5.7billion dollar FDI as per 2015 data by FL Chamber.

The capital account balance stiod at 6.4 billion dollars a sper 2015 data. The state has seen widescale licensing and easiness in rules and have relaxed export norms with single windoe clearances for majority of goods. The state encourages trade with opening up investment opportunities and FDI in service sector and space sector which has seen highest FDI and thus contributing 1.6% of total GDp. The state establishes centralized IT system for faster aprovals and lower turnaround time fir trade and easing up connectivity options.

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