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.

The Great Catfish War

The US changes its tune on free trade as soon as Vietnam starts benefiting from it.
July 22, 2003

Jump in Piracy Attacks Off Bintan

World authority warns ships to take extra care near Indonesian island, after series of brutal incidents in the area.
David Boey
July 24, 2003

Bilateral Deals are No Threat to Global Trade

Today's bilateral trade agreements pave the way for tomorrow's broader ones.
Daniel Griswald
July 27, 2003

All's Fair in Love, Trade and FTAs

Beijing wishes to speed up economic integration with Taiwan by signing a free-trade agreement.
Honigmann Hong
July 31, 2003

Vendors Ready for Enactment of Copyright Law

But many question the Indonesian government's commitment to ending piracy problem.
M. Taufiqurrahman
July 29, 2003