True that the copper resistance is fairly small, specially for larger cross sections and short runs. But even at 1 ohm, if your N is carrying say 3 amps, that is a three volt drop on the length of the N, based on the ohm's law. Now imaging this end of the N (the load end) touching the ground (which is at zero volts). Some of the three amps that was going through the N, is now going to go through the ground connections. The GFCI will sense this drop in the current in the N (remember that the H is still carrying the full 3 amps), and will trip. For the no load scenario, you will need that second torroid for it to trip, else the GFCI cannot detect a N-G short.