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.

Indian Poise

Regional stability in Asia requires fair distribution of energy for all
July 24, 2008

Obama Will Give Free Trade a Rough Ride

Obama’s protectionist rhetoric endangers the world
Tony Parkinson
July 1, 2008

Japan Must Acquire a Taste for Competition

In the long term, “protectionism” is a trade misnomer
Michiyo Nakamoto
August 15, 2008

Can the US Bring Jobs Back from China?

US manufacturing is not prepared for a rapid-changing energy equation
Pete Engardio
June 23, 2008

Our Free-Trade Consensus

Former political opponents join hands to reach south of the border
Kenneth Duberstein
April 4, 2008