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Mercosur, which includes Argentina, Brazil, Paraguay, and Uruguay, is characterized by deeper economic integration and trade cooperation compared to many other Latin American countries. This regional bloc aims to promote free trade and the movement of goods, services, and people among its members, fostering closer economic ties. In contrast, other Latin American nations may engage in bilateral agreements or operate within different trade frameworks, leading to more fragmented economic interactions. Overall, Mercosur countries often exhibit more coordinated policies and collective bargaining power within the region.

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