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.

Chinese Shoe Sales Strain EU Trade Ties

Europe's footwear manufacturers are calling for action in Brussels
Tobias Buck
June 9, 2005

China Hits Out at New US Textile Quota

Re-imposition of garment import restrictions stirs tempers in Beijing
Richard McGregor
May 16, 2005

Germany Profits from International Division of Labor

Despite competition, Germany's exports have increased
Patrick Welter
April 29, 2005

European Sugar Policy Works to Undermine Trade With Asia

European sugar policy is working to undermine trade with Asia
April 19, 2004

Stalking Genetically Modified Corn

Concerns surrounding genetically modified corn feed have added more tension to EU-US trade relations
Wolfgang Reuter
April 22, 2005