1) World Trade Organization (WTO)
2) World Bank (WB)
3) United Nation (UN)
4) International Monetary Fund (IMF)
Explanation:
On October 8, 2019, World Bank (WB) released a report titled “World Development Report (WDR) 2020: Trading for Development in the Age of Global Value Chains”. According to the report, Global value chains (GVCs) can help the developing economies to enhance growth. GVC describes the people and activities involved in the production of a good or service and its supply, distribution, and post-sales activities when activities must be coordinated across geographies.
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