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.

Faces of Globalization

Controversy ignites around protectionism in South Korean film industry due to talks concerning a bilateral investment treaty with the US
Jong-Heon Lee
July 1, 2004

Trade Is Not Bad For US Jobs

Foreigners are the scapegoats when it comes to the US' jobless recovery
Martin Wolf
February 24, 2004

Exporting Animation a Huge Japanese Success Story

Japanese government aims to foster the trend
Hiroko Nakata
July 7, 2004

The Meat Politics is Made Of

Are Sudanese beef exporters poised to grab a larger bite of the Egyptian market?
Gamal Nkrumah
July 9, 2004

Fags and Fiction

That a US Tobacco Giant should be courting the idea of ethical trade beggars belief
Alison Benjamin
July 8, 2004