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 Chinese-Japanese Economic Relations Are Improving

China’s exports rely on parts from Japan; Japan’s firms rely on Asian expansion plans
Richard Katz
January 9, 2014

Costly Reprieve

Reliance on subsidies dulls India’s competitive edge
Nayan Chanda
January 8, 2014

“Chance of a Century”: International Investors Flock to Tehran

Oil and gas firms are eager to develop Iran’s huge reserves
Susanne Koelbl
January 6, 2014

Bulgarians and Romanians Free to Work in UK as Controls End

But some in the UK want to extend immigration controls
Mark Lowen
January 2, 2014

Canadian Pizza Eateries in Bind as Cheese-Import Loophole Closes

Some chefs smuggle cheeses from south of the border
Barrie McKenna
December 19, 2013