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.

Fifty Dollar Oil

Steep spike in world oil prices has its root in Opec members' political instability
September 29, 2004

Tom Yam Swamp

The Indo-Thai Free Trade Agreement is great news, but who will it benefit?
Arindam Mukherjee
October 12, 2004

What Can We Expect from a Trade Deal with Japan?

Thailand’s latest bilateral agreement should lead to mutual benefits and true partnership, says Thai official
Arjaree Sriratanaban
August 26, 2004

Uncertain Future for Free Trade

Recent WTO measures may be stronger in words than action
Ernesto Zedillo
September 15, 2004

US to Rejoin Coffee Pact

The International Coffee Organization hopes US membership will help remedy the world coffee crisis
September 15, 2004