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.

Mattel Recalls About 9 Million Toys

Dangerous substances on toys made in China alarm parents
Nicholas Casey
August 15, 2007

Stoking Protectionism

China’s failure to improve the quality of its exports can constrain US-China bilateral trade
August 20, 2007

China's New Revolutionaries: US Consumers

Anger about dangerous products could shake China's communist regime
Nathan Gardels
August 24, 2007

SAS nabs N Korea drug ship

Australian law enforcement makes multiple arrests.
Ian Gerard
April 21, 2003

Indonesia Mulls Euro as Trade Currency

"Pertamina could lead way if Jakarta switches out of US$."
Shoeb Kagda
April 22, 2003