Theoretical considerations for the international trade governance through strategic analysis and value creation

The focus of the World Trade Organization (WTO) action is to make freedom of exchange to be realized: only in a world with open economies is possible to maximize global wealth. Normally analysis of this international organization are concentrated about the efficacy of operating mechanisms that is evidenced through the effects that the action of supranational organization has on (about) firm strategies and their international activities. International firms activity affects both strategic dimension and configuration/coordination that are well expounded with Porter value chain. The paper highlights what are the relations of the value creation process that encounter WTO activities in the operating of Most Favoured Nation (MFN) clause, in macro economic level of nations competitiveness and in the international value chain for firms. The lowering of barriers to entry has positive correlation with the growth of economies value added or of each supply chain, designing/marking favourable scenarios in the formulation of firm developing strategies through high efficiency and/or differentiated firm offerings. Strategic approach to international value chain of the business, or of the firm, makes the identification of conceptual territories for comparison and safeguard for productive units, giving innovative visions/perspectives to solve problematic issues that are ties or bias to improve international trade potential than it could be able to furnish hints for governance of the supranational organization of international trade.