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In the countries, where economic integration takes place, a vital key component is investment. Larger market means larger competition, which is better for consumers, but it also means larger possibilities for traders and their production. Those who adapt to the market more quickly, are more successful. If a company wants to be a big company, it it needs to improve technical equipment, increase capital etc. And this is a matter of investments. Often it means attracting foreign direct investment. If we speak about Latvia, a good example is European Union and its investments in Latvia for its growth and development.
Some decades ago countries started to realize, that national markets became too small to satisfy demands of large industries, so the policy of individual countries changed.…
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