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Why might Belgium, France, Italy, and Sweden have a higher export to GDP ratio than the United States?
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Welcome to Economic
Introduction
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So I'm talking about exports. We're talking about international trade and the reason that ah, some countries like Belgium, France, Italy and Sweden have a higher export to GDP ratio than America is because that America is pretty big when we talk about in a critical economic sense. So because America is pretty big, it has less of a need to trade internationally, then some of these other countries. It is kind of more self sufficient. It can has more access to resources than these other countries do, so it doesn't need to.
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