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.

EU Loses a Round On Biotech Crops

The WTO finds that the EU ban on genetically modified crops was illegal
Scott Miller
February 9, 2006

Some Assembly Needed: China as Asia Factory

Part of a supply chain, China exports a lot but gains comparatively little
David Barboza
February 10, 2006

US Weighs Harder Line with China on Yuan

US prepares to raise the stakes in currency negotiations with China
Andrew Browne
February 22, 2006

Time for Russia to Join the WTO?

Accession bid is fraught with difficult choices for both Russia and the US
Bruce Stokes
February 24, 2006

China Seeking Auto Industry, Piece by Piece

Acquiring an engine plant in Brazil, a Chinese company prepares to enter the global automobile market
Keith Bradsher
February 21, 2006