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.

Foreclosures Hit a Snag for Lenders

Investment portfolios based on US mortgages are so complicated that no one knows who owns what
Gretchen Morgenson
December 4, 2007

US Imposes New Sanctions on China

Chinese-Iranian weapons deal violates US-China agreement, triggers sanctions on goods from China.
May 23, 2003

Using Chavez as Counterpoint, Bush Pursues Latin Trade Pacts

Some politicians expect trade to solve many problems
Steven R. Weisman
November 7, 2007

Venezuela Scrambles for Food Despite Oil Boom

Luxury products abound, but staples are in short supply
Rory Carroll
November 15, 2007

Consumer Mouse That Is Roaring

Global strategies expose corporations' inconsistent standards for rich and poor consumers
Peter Kell
October 29, 2007