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

Britain Approves Controversial Chinese-Financed Nuclear-Reactor, With a Catch

New British energy deal with China approved by skeptical May
Griff Witte
September 22, 2016

Abe to Seek Cuba’s Help Over North Korea and Boost Trade

Cuba would gain global stature by convincing North Korea that nuclear weapons are not a good idea
Ayako Mie
September 21, 2016

Globalization Goes National

Emerging economies find prosperity in lifting internal barriers to trade, mobility
Tyler Cowen
September 16, 2016

Question Mark Over TPP

US voters remain unconvinced about the benefits of international trade
Nayan Chanda
September 14, 2016

Despite Fears, Mexico's Manufacturing Boom Lifts US Workers

US multinationals hire an extra 250 US workers for every 100 hired in Mexico
Natalie Kitroeff
September 2, 2016