If trade is so uber important, explain this map. >note the

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>>1336700
So you saying you started economic 101 and didn't understand a shit, so you are asking anime image board for help?

>>1336716
>asking for help
>demanding globalists explain their bullshit lies
Pick one, shill

countries that do more trade have weak economies, so they risk it on trade assets rather than their failing currencies.

>>1336732
No.
>>1336716
Holy Fuck anon read the graph.

"Trade as share of GDP"
-share of gross domestic product means that the map accounts for how much of their total GDP is spent on trade. There are hundreds of reasons why it's high and low for varying economies. This graph is made to understand how dependent a country is on trade.

Norway for example, is much richer than the US per capita, but has its main source of wealth from oil. Norway relies quite heavily on trade. That's why Venezuela above 100% because they have not converted the capital gained from their oil to anything meaningful in their economy, whereas Norway has.
The US is an example of the best trader in the world.

Their trading power is very strong https://en.m.wikipedia.org/wiki/Gross_domestic_product
But their economy is even stronger and the US therefore, despite trading more than most countries, still only depends on around. 20%to make up for its GDP.

> so the US doesn't need trade.
Wrong. Because the US is such a big player in trade it matters much more with a stagnating in trade leading to a declined economy which would be followed by the countries dependant on trade with the US to decline heavily which would come back to the US.

>>1336700
Your map probably doesn't include services, which is what most non-shithole countries trade.

>>1336756
>we have to send our money to China so they can buy our iPhones
Is this the best you have?

>>1336700
economies"opened up" and outsourcing gained traction, developing economies rely heavily on imports for their energy needs - crude, coal, et all

>>1336787
wtf, the US has a trade deficit with China, they make the iPhone and loan the US the money to buy it, you got it backwards, cuz then having this huge trade deficit with china would make no sense, then china would have a trade deficit with us...

>>1336787
If you really think constructing the iPhone is more important than inventing it then go for it anon.

All you have to do is learn Chinese. You can run any middle management position in China because you are white. Use your 'big league business skillz' to work your way up from there

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>>1336700
Trade as share of GDP can be influenced by many things, notably smaller countries are more dependent on trade to get resources not in their territory and a developed country's GDP is mostly tertiary sector, as opposed to export oriented manufacutring, mining and agriculture.

Are South Korea and Ireland shitholes compared to Nigeria?

Trade/GDP is an effect, not a cause, of being an undeveloped economy any more than it is a cause of being a small country.

>Explain, globalists
Doesn't matter how evil you think globalists are, it does not reflect on free trade.

The thing is trading your ressources is not the main part of wealth. Gdp is value added. So if a country is just exporting theire raw ressources it doesnt add much to the Gdp. Processing the ressources is the main part of it.

Trade is therefore not the whole picture. Look at germany for example we dont have much ressources but we import them and process them into actual products which then are sold/traded to other economies. The value added stays in the country and adds to our Gdp.

>>1337143
Tldr: Look at what is traded(raw or products) and where the processing is.
For further information read about effectiv (trade) tarifs.

>>1336756
>>1336766
>>1337149
>>1337143
>>1337130

Took the bait

>>1337002
>>1337101
yes, that was more or less my point. read: >>1336756

He's saying if we don't trade a bunch with other countries and prop up their economies it will come back to bite us. (China won't buy our iPhones, sign up to drive with Uber, or buy from Amazon.china).

I'm pointing out the bullshit for those of you too autistic to understand sarcasm