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.

Japan Vows to Proceed with Oil Deal in Iran

But the deal could complicate the country's relationship with the United States.
David Pilling
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Tough New US Rules a Challenge

Security measures could cost Thai traders money, and possibly US markets.
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Is Larry Summers the Canary in the Mine?

After having promoted free movement of capital and goods, the US finds itself on the losing end and wants to change rules
Devesh Kapur
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Monsanto’s Harvest of Fear

Consumers and farmers fret about too much tinkering with seeds, food and nature
Donald L. Barlett
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The Fungus That Conquered Europe

Crises can prompt governments to innovate and cooperate
John Reader
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