This paper analyses the competitiveness evolution in Argentina, Brazil, Paraguay and Uruguay within Mercosur trade … which Brazil had revealed comparative advantage, which may mean that Brazil lost market within Mercosur in a significant … number of products, or that Brazil has undergone a process of trade specialization. Another conclusion is that, even after …

the persistence of diametrically opposed positions assumed by Brazil and Argentina at the scene of the regional flows of … foreign direct investment (FDI) in Brazil toward the neighboring country, either through new production facilities or by … resources for mergers and acquisitions of local companies. In 2008, Brazil recorded an increase of 43% of investment sent to …