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.

Entrepreneurs Wary of China Currency

US businesses that import materials or goods from China prepare for higher costs
Emily Maltby
May 26, 2010

Moscow Furious, Says US Not Pushing Drug War in Afghanistan

Flourishing drug trade destabilizes the region
Fred Weir
May 25, 2010

Check Out That Colombian Tata!

South-to-south trade is a growing reality
Daniel Gross
April 13, 2010

China Uses Rules on Global Trade to Its Advantage

No one adjudicates global currency policy
Keith Bradsher
March 16, 2010

WTO Has Obstacles to Trade In Retreat

Protectionism declines as the economy improves
John W. Miller
March 11, 2010