Final answer:
True, both developed and developing nations typically engage more in trade with developed nations due to factors like economic size, geographic proximity, and established trade histories.
Step-by-step explanation:
The statement that both developed nations and developing nations tend to trade more with developed nations can be considered true to a significant extent. Factors such as economic size, geographic location, and history of trade heavily influence a nation's trading patterns. Large economies can often fulfill their needs internally, like the United States, which has a lower trade-to-GDP ratio compared to smaller nations such as Sweden. This smaller nation has a high level of trade due to its numerous nearby trading partners and historical engagement in international trade. The scenario is different for countries such as Brazil and India, which have larger economies but have restrained their foreign trade over the years and, thus, have lower levels of international trade. However, wealthier and more developed nations like Canada, Japan, and Australia tend to engage in international trade at a higher level, often with each other, comprising a web of developed nations that trade significantly with one another.