Abstract
Drawing on corporate materials from the Banque de France, this article reveals a fact that is rarely raised in the study of foreign investment in France: among American investment in France, there are many cases in which French companies took the initiative in seeking American investment. Not all French companies were hostile to U.S. enterprises, even during the upsurge of French anti-Americanism, and the French Fifth Republic's restrictive policies toward American investment were not as rigorous as they might have appeared. Their major objective was to increase French competitiveness.
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