Participation in global value chains (GVCs), the international fragmentation of production, can lead to increased job creation and economic growth. In order to reap the gains from value chain ...
Global value chains ... speed up trade and investment reforms, and improve connectivity. Advanced economies pursue open, predictable policies. All countries strengthen social and environmental ...
Since 1950, the volume of world trade in goods and services has grown 27-fold, to about $20 trillion, three times faster than global GDP. Much of that growth has been in intermediate products and ...
For the United States, this value was just over two trillion U.S. dollars. International trade refers to the worldwide movement of goods and services between countries and regions, facilitated by ...