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Golden Gate University School of Law

Legislation

California Assembly

2013

International trade

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The Role Of Trade And Foreign Investment On The Inland Empire's Regional Economy, Assembly Committee On Jobs, Economic Development And The Economy Nov 2013

The Role Of Trade And Foreign Investment On The Inland Empire's Regional Economy, Assembly Committee On Jobs, Economic Development And The Economy

California Assembly

Executive Summary: International trade arid foreign investment serve as critical components of California's $2.0 trillion economy. If California were a country, it would be the 17th largest exporter and the 14th largest importer in the world. Exports from California ($162 billion) accounted for over 10.5% of total U.S. exports in goods, shipping to over 220 foreign destinations in 2012. California's land, sea, and air ports of entry serve as key international commercial gateways for the $537 billion in products entering and exiting the U.S. Statewide, 4.4 million California jobs are dependent on foreign trade. Over 562,700 California workers benefit from …