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.

Christmas Spending Gone Global

In Europe, books are the most desired and offered gift, according to Deloitte survey
Nathan Siegel
December 24, 2014

After a Half Century, Thaw in US-Cuba Ties

Obama suggests that policy of isolation does not work
Mimi Whitefield
December 18, 2014

Why Arabs Should Embrace China’s Silk Road

China is the largest trade partner for nine Arab nations
Naser al-Tamimi
December 17, 2014

How Crude Oil’s Global Collapse Unfolded

OPEC members keep pumping, worried about losing Asian customers
Russell Gold
December 17, 2014

Great Apes Facing “Direct Threat” From Palm Oil Farming

Common product in soap, cosmetics, shampoos, drives massive deforestation
December 8, 2014