A readily measurable aspect of globalization is the increasing exchange of capital, products and services across national boundaries, spurred by expanded use of container shipping and other technological improvements as well as falling barrier. The interdependence is most apparent with global supply chains, as manufactured goods like vehicles and electronics are assembled with components produced around the world, and it’s increasingly rare for any country to be the sole source of any one complex product. Countries aim to increase exports but worry about too many imports and trade imbalances, even as their consumers pursue low prices. Disagreements on subsidies, tariffs, quotas or unfair practices are debated by the World Trade Organization.

World Needs New Paradigm on Drugs After Failing War

The war on drugs has failed
Santiago Sosa
September 21, 2011

How Global Trade Can Rein in Health Costs

The US could open its health-care market, exporting patients and importing caregivers
Dean Baker, Jagdish Bhagwati
September 21, 2011

Bridges to Somewhere

Investing in bridges, roads, dams around the globe is a win-win strategy for all
Justin Yifu Lin
September 15, 2011

Arms Makers Eye Exports to Offset Pentagon Cuts

Without foreign orders, production lines of the F-16 fighter jet could shut down
Jim Wolf
September 12, 2011

Argentina Acts to Protect Local Films

The protectionist move targets Hollywood blockbusters
Jude Webber
September 7, 2011