Small countries tend to benefit more from trade because their demand for products from large countries would tend to be lower than the large country's demand for their products.

Question

Quizplus · Accepted Answer

Small countries tend to have a lower demand for products from large countries than the large country's demand for their products. This is because small countries have smaller populations and economies, so they need less of everything. As a result, small countries can often export more to large countries than they import, which gives them a trade surplus.

Small Countries Tend to Benefit More from Trade Because Their