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.

A Queue in the Sand

Wall Street executives flock around Middle East oil money
Stanley Reed
December 7, 2007

Subsidies' Harvest of Misery

US subsidies lower cotton prices worldwide, hurting the poorest of African nations
Jimmy Carter
December 10, 2007

Mexico Seeks a Lasting Share of Aerospace Boom

For companies in a hurry to deliver to the US market, Mexico offers location
Joel Millman
November 28, 2007

The US Economy: Trying to Guess What Happens Next

With Americans increasingly forced to live within their means, the world grapples with the implications of an economic slowdown
Peter S. Goodman
November 30, 2007

Eight Business Technology Trends to Watch

Information technology promotes global connections, shaping business and economies
James M. Manyika
December 26, 2007