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.

Sugar, Textiles Sour on CAFTA Deal

Washington's trade agreement with four Central American countries doesn't sit well with US sugar and textile interests
Jane Bussey
December 19, 2003

When Chocolate Is a Way of Life

Tribal chocolate growers bypass middlemen to learn about consumer tastes and develop their own chocolate label
Jill Santopietro
November 20, 2008

That Sinking Feeling: Global Crisis Hits Shipping Industry Hard

Credit crunch and an abrupt reversal of fortunes keep many ships in port
Thomas Schulz
December 10, 2008

Going Off to College for Less (Passport Required)

As a global product, higher education inspires some bargain-hunting
Tamar Lewin
December 11, 2008

As China's Losses Mount, Confidence Turns to Fear

Governments spend money to prevent economic crisis transforming into a political one
Ariana Eunjung Cha
November 5, 2008