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.

Following the Pepper Grinder All the Way to Its Source

Pepper-trade still flourishes in region that has exported the spice internationally since ancient times
R. W. Apple Jr.
October 29, 2003

With Mexico FTA Set, Japan Turns Toward Asia

Overcoming the "touchy" subject of agriculture leads to new trade opportunities
Mayumi Negishi
March 12, 2004

Free But Not Unfettered

Lifting the ban on imported textiles may not prove a threat to the local industry after all
Niveen Wahish
April 2, 2004

Containerized Trade Imbalance Set to Worsen

Academic blames it on push for cheaper manufacturing bases
Beth Jinks
March 25, 2004

US Recovery, Asian Surge Will Boost World Trade 7.5%: WTO

It warns, however, of three significant downside risks
Ravi Kanth
April 6, 2004