Actually there isn't any rhyme nor reason as to which game is parent.
It depends on the manufacturer, the year it was produced, the arcade system it was made for ect.... for example, many capcom and neogeo games have the japaneese version as the parent because they are based in japan. Even odder still, only every other capcom/neogeo title has the japanesse version as parent, the other half has either world or usa. Oddly enough I beleive alien vs predator has the european version as the parent.
All parent means is the first revision.... so which ever country it came out in first will be the parent.