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.

Even Statelessness Goes Better With Coke. Or Does It?

The possibilities and pitfalls of doing business in Somalia
Marc Lacey
July 19, 2006

Russia Looks Both East and West

Energy trade and security top Russia’s agenda at the G-8 summit
Andrew Symon
July 20, 2006

Letter from Britain: Lack of African Dream Lets a Nightmare Prevail

With foreign aid offering little help, African leaders may have to find their own way to escape corruption and poverty
Alan Cowell
August 2, 2006

Wal-Mart Finds That Its Formula Doesn’t Fit Every Culture

Company calls it quits in Germany
Mark Landler
August 3, 2006

Smiley Face Is Serious to Company

Trademark dispute between Wal-Mart and SmileyWorld turns that familiar yellow smile upside down
Thomas Crampton
July 6, 2006