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.

Fraying of a Latin Textile Industry

Central America's garment business is wilting under recent global trade deregulation
Ginger Thompson
March 28, 2005

Why Hasn't a Weak Dollar Slowed Imports?

When it comes to both parts and finished products, US companies and consumers are increasingly looking abroad
Louis Uchitelle
April 8, 2005

As China Sews, Few US Mills Left

With a bedrock US industry on the ropes, quotas on imports could follow
Patrik Johnsson
April 6, 2005

Shipments of Children

The Philippines is fast becoming a hotspot for child traffickers
Carlos H. Conde
April 8, 2005

Everybody's a Winner

Shopping is helping Dubai shift the global dynamic
Tarek Atia
February 9, 2005