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.

Battleground Over Globalization

Workers prepare for change, good and bad, in the upcoming elections
Robert McMahom
April 22, 2008

Obama Goes Soft on Free Trade

Voters in the Midwest expect a steady stance from presidential candidates on trade and job issues
John Nichols
June 24, 2008

U.S. Business Leaders Demand Won's Rise, Screen Quota Cut

Meeting advances a mutually beneficial bilateral investment treaty between the US and South Korea
Kim Sung-mi
September 25, 2003

China May Widen Yuan Trading Band Next Year, Report Says

It may respond to US pressure and even float currency by 2008 Olympics
September 25, 2003

US Business Interest in Singapore Triples Due to FTA: US Officials

Security considerations apparently not a strong deterrent
October 8, 2003