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.

India Getting on Board

Entrepreneurs and workers alike thrive with economic freedom
Ernesto Zedillo
October 15, 2007

For This Delicacy, Brand Recognition Is a Problem

Iraqi dates, once a delight to palates around the world, are sold now under foreign labels.
Neil MacFarquhar
January 13, 2003

Keep America Open to Trade

To maintain an innovative spirit and economic strength, the US must embrace free trade
Carlos M. Gutierrez
May 28, 2008

France Urging U.N. to Suspend Iraq Penalties

In nod to the US, France seeks resumption of non-military trade.
Felicity Barringer
April 23, 2003

The Iraqi Wild Card in the OPEC Equation

“After many years in the wilderness under UN sanctions, Baghdad has signaled it will ramp up oil production. The Americans will gladly help, of course.”
G Panicker
April 24, 2003