Emeritus Prof Christopher May on Nostr: Leaving aside what this indicates about Trump's tariff strategy, this diagram of the ...
Leaving aside what this indicates about Trump's tariff strategy, this diagram of the proportions of exports that go to the USA is a nice confirmation of the 'gravity theory of international trade' - you trade most with the countries you are nearest with... see the proportions for Canada, Mexico & Latin America.
Take note, Brexiters who think we can exchange extensive trade with EU for new relationships with distant countries... It was never going to work!
#InternationalTrade #Brexit
Published at
2025-02-11 07:41:32Event JSON
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