> The US economy depends on the country's position of world hegemon
Unfortunately, the data doesn't back this up. The US economy is actually one of the least trade-dependent nations in the world.
27% of GDP is trade-oriented (The value of imports and exports as a function of GDP), while the global average is 63%. The US is so developed, that even if the country was completely cut off from the world and operated as an internal economy it would still remain the world's largest.
Unfortunately, the data doesn't back this up. The US economy is actually one of the least trade-dependent nations in the world.
27% of GDP is trade-oriented (The value of imports and exports as a function of GDP), while the global average is 63%. The US is so developed, that even if the country was completely cut off from the world and operated as an internal economy it would still remain the world's largest.