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.

EU Food Rules Test African Development

New European Union (EU) food safety regulations mean hardship for Kenyan agricultural producers
William Wallis
April 6, 2004

Asean to push for free trade talks with Australia, NZ

Ministers also ink accord to cut tariffs to as low as 0%
Chuang Peck Ming
April 22, 2004

The Shrimp Wars

U.S. shrimpers fighting for survival
Christina Hoag
April 19, 2004

Following the Pepper Grinder All the Way to Its Source

Pepper-trade still flourishes in region that has exported the spice internationally since ancient times
R. W. Apple Jr.
October 29, 2003

US Recovery, Asian Surge Will Boost World Trade 7.5%: WTO

It warns, however, of three significant downside risks
Ravi Kanth
April 6, 2004