1) Remember Miami Flamingos or Gale Force? Those were Argentinian teams who wins the ESL Premier league 2 o 3 times. But after that, they felt in the playoff... But they had really good material to be in the ESL or ECS Leagues at least.
Apart from that, did u see those 2 leagues teams nowadays? OMG T2 and T3 teams... (Rogue, eUnited, Spacestation....)
2) And the EU team is only subjetive hehehe