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.

Development Vs. Free Trade

WTO strives for one last chance at wrapping up the Doha Round trade talks
Bernard K. Gordon
July 20, 2006

When Labor Loses Out to Trade

Governments have a range of policies to expand trade while minimizing the loss of jobs
Gustav Ranis
August 10, 2006

Can the Doha Round Be Salvaged?

Failure to agree on market access could weaken the WTO
Ernesto Zedillo
May 9, 2006

Don't Give Up on WTO, Fix It

The WTO may not be perfect, but its elimination is a recipe for trade chaos
Richard G. Lipsey
April 4, 2006

Anxious America – Part I

Shaken by the extent of foreign role in the US, politicians raise questions that go to the heart of globalization
S.L. Bachman
March 9, 2006

A Floundering WTO – Part II

Disunity in the ranks of the developing nations allows developed countries to maintain their trade barriers
Balakrishnan Rajagopal
March 23, 2006