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Clash of the Titans: Brazil vs. Mexico - November 2001 |
| General Interest and Trends | |
Four years ago, Brazil was the first choice among companies seeking to establish a regional presence in Latin America beyond an export-manufacturing platform. In 1997, with a GDP of US $800 billion growing at nearly 3 percent annually, Brazil was the darling of foreign investors. Between 1997 and 2000 they poured in more than US $100 billion in FDI, betting on both the largest domestic market in Latin America and the export opportunities through Mercosur.
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