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.

WTO Hands a Critical Victory to African Farmers

Even if US resists call to end subsidies, trade body's ruling encourages poor nations
Gayle E. Smith, Susan E. Rice
May 21, 2004

US and China: Grappling Over Economic Rescue – Part II

The two nations must first coordinate stimulus plans, then engage in currency diplomacy
Edward Gresser
February 2, 2009

Is Protectionism Unavoidable?

Political compulsion could overcome economic prudence but coordination among countries may limit damage
Jeffrey E. Garten
February 6, 2009

Jobs Can Be Outsourced, Not Politics

By linking job loss to trade, politicians have always courted economic ruin
Harold James
March 24, 2004

US and China Must Tame Imbalances Together

The two nations must coordinate fiscal and monetary policy to control the crisis they helped create
Michael Pettis
January 6, 2009

Promises Trump Can’t Keep

To fulfill job promises, Trump must curtail automation and productivity
Nayan Chanda
November 28, 2016

“Brexit” Requires a Vote in Parliament, UK Court Rules

Prime minister had hoped for speedy process, but court ruled against shortcut
Stephen Castle
November 3, 2016

Belgium Walloons Block Key EU Ceta Trade Deal with Canada

Concern about trade deals, lost jobs, lower wages, arbitration rules and corporate power
October 24, 2016

World Bank Admits Some Have Lost Out From Free Trade

Globalization imposes uneven effects, and social supports are needed
Kamal Ahmed
October 12, 2016

Chinese Billionaire Makes Aggressive Moves in Hollywood

Some legislators question if investors in film industry pursue profit, soft power or propaganda
Ryan Faughnder and David Pierson
October 5, 2016