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.

Protectionism Threatens Emerging Engine of Growth

The US and EU may close doors to consumers from emerging economies who are ready to buy
Fred Kempe
March 24, 2006

High Stakes in US-South Korea Pact

South Korean and US players study a free-trade plan that offers mutual economic promise and political controversy
Bruce Stokes
March 24, 2006

French MPs Say Song Downloads Must Work on Any Player

France wants to break up the exclusive market for online music by digital music makers
Angelique Chrisafis
March 27, 2006

A Win-Win Partnership

Despite some common goals, the US will have to accept India's often divergent path
Henry A. Kissinger
March 17, 2006

Tit-for-Tat Protectionism

Failure to compete leads countries to take recourse with protectionism
March 20, 2006