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.

Why "Made in China" Is Good News for the US

The boom in the Chinese microchip industry may be a model of how globalization is supposed to work
Andrew Leonard
August 5, 2005

To Soothe Anger Over Subsidies, US Cotton Tries Wooing Africa

Americans offer help, advice as poor nations urge WTO to kill federal farm aid
Scott Kilman
August 5, 2005

Chinese Oil Giant in Takeover Bid for US Corporation

Buyout offer is the latest move in China's quest to build multinational corporations
David Barboza
June 23, 2005

Africa Should Follow China Online

Africa lags far behind Asia in online commerce, but there are plenty of ways in which it could catch up
David Bowen
July 12, 2005

Opel on the Outside, Mao on the Inside

As their first shipments arrive in Belgium, Chinese automakers look to tackle the European market
Gerald Traufetter
July 13, 2005