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.

Food Imports: Tough New Checks

Thailand announces more stringent inspections of imports from the EU, Japan, and the US.
February 5, 2003

E-JUNK: Loophole in dumping law 'hurts public'

Thai port holds world's unwanted tech junk.
Sirinart Sirisunthorn
February 11, 2003

Koizumi Visits Energy-Rich Russian Region, Seeking Oil

Japan looks to Russia as a counterbalance to China.
James Brooke
January 13, 2003

US-Korea Trade Deal Still Faces Hurdles

Legislatures in both nations, led by opponents to free trade, now scrutinize the deal
Evan Ramstad
April 9, 2007

Multinationals: Globalization's Offspring

As competition emerges from the developing world, more multinational firms shy away from allegiance to any one nation
April 10, 2007