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.

Bold Action Can Still Save Doha Round

An American initiative to eliminate subsidies would break the trade logjam.
Clyde Prestowitz
September 19, 2003

No Good Reason to Dance

Nor should WTO negotiators hurry back to the table without a long-term vision for trade.
Ernesto Zedillo
September 22, 2003

China Joins the Global Economy - Part One

How bureaucratic barriers were breached with a policy of 'No flow, no dough.'
David Zweig
September 15, 2003

China Ascendant – Part I

Checkbook diplomacy raises China’s standing with Laos and Cambodia
Bertil Lintner
April 25, 2008

Designing Asia

Chinese-led integration of East Asia spurs an economic boom and diminishes US role in the region
Ellen L. Frost
May 12, 2008

Moving Money from One Pocket to Another

Will the EU's new farm reform package bolster its position in the WTO?
Shada Islam
August 1, 2003