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.

Wolf at the Door: What Happened to the Predictions of Doom?

China has no regrets and can celebrate its 10th anniversary as a WTO member
Gregory Chin
June 10, 2011

Lawsuit Looms Against Germany Over Cucumber Scare

Wrong guess about source of E. coli deaths triggers blame and protectionism
Gregg Benzow, Sarah Harman
June 2, 2011

India Must Tread Carefully in Africa

Development strategies from India and China compete in Africa
James Lamont
May 31, 2011

Nation of the Forest

In Bhutan, flexibility leads to happiness and preservation of values
Cathy Shufro
May 30, 2011

Emerging Economies Catching Up Faster Than You Might Think

Self-reliance swells in emerging economies
Don Cayo
May 24, 2011