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.

Negotiators Meet Again; Minds Don't

Differences over cheap drugs and farm tariffs stall talks prior to an upcoming trade round.
February 19, 2003

Brazil Warns on Trade Negotiations with US

The US must make concessions for the Free Trade Area for the Americas to become reality.
Raymond Colitt
February 13, 2003

WTO ministers still worlds apart

The issue of agricultural tariff and subsidy bitterly divide countries.
JUN SAITO
February 17, 2003

Accord Key to Sustainable Economic Development

Hammering out a free-trade agreement for the US and South Korea was not easy, but ensures ample opportunity for both nations
Lee Jun-kyu
April 11, 2007

Let Pragmatism Rule in Indonesia-Singapore Ties

Fostering ties with Singapore should be a priority for Indonesia
Sabam Siagian
April 17, 2007