Trade

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.

Recently in YaleGlobal

Evelyn Goh
YaleGlobal
, 17 July 2014
Australia may be ignoring long-term strategy by supporting Japan against top trade partner – China
Gregory Chin
YaleGlobal
, 9 July 2014
China modifies its south-south narrative for Africa and recognizes the continent as competitor
Amitav Acharya
YaleGlobal
, 3 July 2014
New World order emerges, one that requires cooperation and ability to build regional ties
Alyssa Ayres
YaleGlobal
, 10 June 2014
Pragmatic politics and economics lead India’s Modi to nurture strong ties close to home
Jean-Pierre Lehmann
YaleGlobal
, 27 May 2014
China’s plans for the 21st century have big implications for wider global order
David Dapice
YaleGlobal
, 21 April 2014
TPP critics are many: China, environmentalists, workers, politicians worry about corporate interests supplanting national control
> MORE YALEGLOBAL ARTICLES

In the News

Wenonah Hauter
Other Words
, 16 July 2014
US and EU free trade agreement may provide unrestricted energy trade
Yale Books Unbound
, 14 July 2014
China has started rebalancing its economy while the United States balks
Allan Sloan
Fortune
, 11 July 2014
Multinationals want nations to slash corporate tax rates – or expect relocation
The Economist
, 9 July 2014
The US, representing about one third of all global drug sales, may see more price controls
Andrew Rice
New York Magazine
, 1 July 2014
Foreign investors driving hot market
Michael Birnbaum
The Washington Post
, 30 June 2014
Russia, a top trade partner, miscalculated with dominant approach
> MORE IN THE NEWS

More On Trade

COLUMN
India’s universal ID card could lead to social and economic innovations
BOOK REVIEW
Over the centuries, new diseases emerged and followed the trails of commerce, triggering panic and a rash of policymaking.
BOOK EXCERPT
The book explains the benefits of free trade and globalization for middle-class, Main Street Americans.
ACADEMIC PAPER
Nations should end the Doha Round, yet pursue new routes of cooperation on hyperglobalization and big regional trade agreements – or the benefits of open markets could go into reverse