

Not really, for the same reasons Russia’s economy is now in the shitter: sure they could sell oil to another country, but changing the whole infrastructure is not something that can be done in days. Same with moving the whole production of goods to a completely new country.
Also consider that nowadays western countries have lost the knowhow to produce efficiently goods (while their service industry still remains unmatched)
What you are suggesting is even more dangerous though. Law immunity for politicians is even worse