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.

Chocolate-Fueled Growth

Exporting the finished product, not the raw commodity, could enrich sub-Saharan Africa
Kandeh K. Yumkella
December 5, 2011

America's Other 87 Deficits

The US is living beyond its means, and blaming China is futile
Stephen S. Roach
November 25, 2011

Latin America: Shift in Direction Fuels Growth Across Continent

Increased trade with Asia spurs growth in Latin America
John Paul Rathbone
November 21, 2011

Russian Industries May Rile WTO by Undermining Trade Pledges

Oil and gas industries are ready; farmers and manufacturers seek time-out
November 18, 2011

Obama: Hoping for Pacific Free Trade Plan by 2012

The plan could eliminate trade barriers, boost regulatory standards for 21 member economies
Elaine Kurtenbach
November 14, 2011