The song is supposedly about young women in Denmark using men as "Stud Bulls" in order to get pregnant (to get welfare payments for being single mothers). Only not really. "Baby" is often used as slang for "boyfriend" (think "Baby, baby, where did our love go?
"). Being a Swedish act, Ace of Base didn't quite get the hang of using English colloquialisms in their songs. Another lyrical oddity: "catching tan." But they didn't care, anyway.
"I think it was to our advantage that English was not our mother language," Ulf Ekberg, keyboardist and vocalist for the band, explained in John Seabrook's book The Song Machine
, "because we are able to treat English very respectless, and just look for the word that sounded good with the melody."