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

China Launches Freight Train to Britain

The milestone is part of an effort to stimulate the Chinese economy
Louise Moon
January 11, 2017

We Can’t Undo Globalization, But Can Improve It

Job hunters should relocate, and companies could expand export capability
Gary Pinkus, James Manyika and Sree Ramaswamy
January 10, 2017

China Set to Rescue Australia Economy at Just the Right Time

An increase in commodity prices bodes well for the future
Michael Heath
December 9, 2016

Can Trump – or Anyone – Bring Back US Manufacturing?

Manufacturing hits all-time high in 2015, but efficiency reduced the jobs
December 8, 2016

Foreign Companies Face New Clampdown for Getting Money Out of China

New controls could speed up withdrawals and deter foreign investment
James T. Areddy and Lingling Wei
December 8, 2016