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.

'Hasten Slowly' in Reviving the Doha Round

Negotiators should agree to accept free trade as a global good, not as a subject of mercantilist bargaining
Ernesto Zedillo
December 12, 2003

Why the Discomfort Over Free Trade

By neglecting legitimate concerns, free traders court danger in the developing world
Kevin Casas-Zamora
September 12, 2008

Keeping Up With China's Olympic Shine – Part II

Shoppers, intent on bargains, bear some responsibility for Asia’s pollution
Alexandra Harney
September 24, 2008

Bull in a China Shop?

Punishing Chinese exporters won’t save US jobs but will hurt consumers
David Dapice
December 1, 2003

US Trade Policy: Legacy of the Sorcerer's Apprentice

Regional trade agreements confound long-term US foreign policy and economic goals
Bernard K. Gordon
November 5, 2004

The WTO – Faltering on Its Way to Success?

Broadening consensus by 153 member nations is an achievement in itself
Edward Gresser
August 12, 2008