I think the 'Where Would You Like To Shop?' is a bit of iffy text. The purpose of that selector is more to do with determining your location and language. You can shop from anywhere if the seller ships to your country - whatever site you are on.
Two things that are very hard to determine with 100% certainty (AFAIU) rather oddly are a users location and the browser they are using.
Listing every country in the world would make for a pretty large front page.

I look on the legacy country icons as a sort of 'speed-dial', the countries under the continents you have to 'look up in the phone book'.