Equation (2.1) says that trade between any two countries is proportional to the product of their GDPs. Does this mean that if the GDP of every country in the world doubled, world trade would quadruple? | Numerade

Equation (2.1) says that trade bet ween any two countries is proportional to the product of their GDPs. Does this mean that if the GDP of every country in the world doubled, world trade would quadruple? Analyze this question using the simple example shown in Table 2-2. | Numerade

Chris Warren on Instagram: "Breaking News the US just reported a 3.8% GDP growth over quarter 2 this year. However, when you factor out data centers we find it actually more like a 0.1% GDP growth. Meaning the economy is stagnant without the bubble that is AI, the very same industry that succeeds from removing more jobs from the job market than it makes. It's time to panic America"