Business activities are conducted on a global level and even between nations, these has resulted in an emergence of global markets. To keep the trade fair and manage trade-related issues on a global level, various International Institutions and Trade Agreements were established. Discuss the following institutions explain their role in facilitating global trade:

1. General Agreement on Tariffs and Trade (GATT)

1. The World Bank and the World bank group.

1. United Nations Commission for International Trade Law.