Pontes, José Pedro2010-12-072010-12-072006Pontes, José Pedro. (2006). "FDI and trade: complements and substitutes". Instituto Superior de Economia e Gestão - DE Working papers nº 3-2006/DE/UECE0874-4548http://hdl.handle.net/10400.5/2612This paper presents a non-monotonic relationship between foreign direct investment and trade based on the idea that, although FDI eliminates trade costs on the final good, the investing firm has to bear increased trade costs on an intermediate good.engForeign Direct InvestmentTradeFirm LocationFDI and trade: complements and substitutesworking paper