The following article examines the Made-in-the-World initiative of the WTO from different angles. Methodological issues and methods for the conversion of foreign trade statistics on value-added basis are analyzed, primarily - those for the internationalization of the input- output accounts. Aspects of economic theory and economic policy of Made-in-the-World are portrayed. Renewal of the theory of compara- tive advantage in transnational supply chains and the potential impact of a new approach based on value chains of foreign trade for the in- ternational trade policy are discussed. Anti-dumping cases in the complex triangular relationship between the European Union, the World Trade Organization and the Peoples Republic of China are studied.