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.

Free to Take Exceptions to "Free Trade"

A look at how protectionism plays a vital role in global trade
Gregory Clark
June 17, 2005

Patent Pitfalls on China’s Road of Clones

China leads the world in producing counterfeits, but now finds itself hoist with its own petard
Chris Buckley
June 21, 2005

Think Continental

Inter-continental trade is the way for Africa to forge ahead, says Egyptian trade and industry minister
Gamal Nkrumah
June 10, 2005

Europe's New Protectionism

The European Union's fears of China encapsulate its ambivalence over globalization
June 30, 2005

The Payoff from Globalization

Has the United States gained from a half-century of trade liberalization?
Gary Clyde Hufbauer
May 27, 2005