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.

Pipe Made in India Incenses Illinois Town

Buying local doesn’t always work when products are more expensive and scarce
Louis Uchitelle
April 16, 2009

Tainted Chinese Drywall Contaminating U.S. Homes

“Made in China” product suffers another setback
Charlotte Cuthbertson
April 20, 2009

A Global Retreat as Economies Dry Up

A slowdown in spending, combined with protectionist maneuvers, could disrupt trade for years
Anthony Faiola
March 18, 2009

Globalization Disrupted

Despite a few kinks, the global supply chain still propels efficiency and trade
Nayan Chanda
March 17, 2009

Thieves Embrace Globalization

Speedy transfer of stolen goods to foreign buyers hamper investigations
Lee Shi-Ian
March 17, 2009