The last few decades have seen a spectacular integration of the global economy through
trade. The rising integration of world markets has brought with it a disintegration of the
production process, however, as manufacturing or services activities done abroad are combined
with those performed at home. I compare several different measures of foreign outsourcing, and
argue that they have all increased since the 1970s. I also consider the implications of
globalization for employment and wages of low-skilled workers, and for trade and regulatory
policy, such as labor standards.