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.

How 6 Parts Nearly Delayed World's Biggest Airliner

Every small part counts in a technological masterpiece
Chana Joffe-Walt
November 6, 2008

A Step Forward

Congress has given President Bush the authority to negotiate international trade deals, but that is only one half of the battle.
August 2, 2002

Seoul Unfazed by U.S. Move Against Piracy

South Koreans still swapping music files, videos online
Kim Min-hee
January 10, 2004

Falling Behind in the FTA Race

Japan should get on the free trade bandwagon – and soon
January 12, 2004

EU Seeks Sanctions Against US

Row over Byrd Amendment latest in series of disputes
Mark Tran
January 15, 2004