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EU FOREIGN DIRECT INVESTMENT WITH MERCOSUR<br />
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Source: DG Trade: http://trade-info.cec.eu.int/doclib/html/111832.htm<br />
European foreign investment in MERCOSUR has traditionally had a focus on<br />
the respective domestic market and its positioning there, rather than focussing on<br />
the world market, according to which by availing comparative cost advantages there<br />
would have been an emphasis on export production for the world market. 178 And the<br />
Argentine and Brazilian domestic markets were of prioritarian interest for European<br />
corporations:<br />
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“Brazil and Argentina have since long been a focal point of FDI outside the<br />
178 Nunnenkamp, Peter: Foreign Direct Investment in MERCOSUR: The Strategies of European Investors, in:<br />
Paolo Giordano - Chaire MERCOSUR de Sciences Po [edit.]: An Integrated Approach to the European Union<br />
- MERCOSUR Association, 2002.<br />
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