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.

Latin Americans Wonder if Democrats Are Traders

A lean to the left in US Congress may result in the US walking away from free trade agreements with Peru and Colombia
Sibylla Brodzinsky
November 30, 2006

More Farmers Seek Subsidies as US Eats Imported Produce

With every US farmer facing intense overseas competition, US Congress will have to explain why it subsidizes only five crops
Alexei Barrionuevo
December 6, 2006

“Fair Trade” Foolishness

Nations can gripe about globalization, but cannot expect to bring about its demise
Robert Samuelson
December 8, 2006

Protectionist Stance Is Gaining Clout

Worries about overseas competition and low wages nudged voters into supporting candidates who favor economic nationalism
Gregg Hitt
November 13, 2006

Panama Votes to Expand its Canal

In approving the multi-billion expenditure, Panamanians hope to create jobs and alleviate poverty
October 25, 2006