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.

To Be or Not to Be at Cancun

Europe and the US have the power to reinvigorate trade talks by pursuing a vision that is pro-growth and development.
Ernesto Zedillo
August 29, 2003

China and Wal-Mart: The Champions of Equality

Trade with China and cheap goods benefit the poor in wealthy nations
Christian Broda
June 5, 2008

Globalization Is Good

Global challenges might best be solved by nations working as teams rather than lone rangers
Peter Mandelson
June 11, 2008

Democrats Threaten NAFTA, But Pact Is Here to Stay

Renegotiating the trade agreement could kill it
Andrew C. Schneider
April 7, 2008

In Hungry World, Japan's Farmers Are Stuck With High-Priced Rice

Rice crop waits in warehouses due to subsidies combined with declining domestic demand
Blaine Harden
May 13, 2008