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.

World Trade Growth Picks Up Speed

Surprising numbers of 2003 raises WTO hopes
April 5, 2004

A New Consensus on Free Trade

Five steps toward a creative globalization agenda
Gene Sperling
March 1, 2004

Laissez Unfaire

At the risk of destroying local industry, India has to tread the free trade pact route
Arindam Mukherjee
March 11, 2004

Hungary Eager and Uneasy Over New Status

Comfortable with joining the EU but unsure about its place in the global economy
Mark Landler
March 5, 2004

With Mexico FTA Set, Japan Turns Toward Asia

Overcoming the "touchy" subject of agriculture leads to new trade opportunities
Mayumi Negishi
March 12, 2004