What trade block is the most important one in Latin America?

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Quizplus · Accepted Answer

Mercosur (Southern Common Market) is the most important and largest trade block in Latin America. It includes Brazil, Argentina, Uruguay, Paraguay, and Venezuela. This trade bloc accounts for about 76% of the region's GDP and has a combined population of over 300 million people. The organization promotes free trade among member countries, and it has also signed several agreements with other countries and blocs, including the EU.

What Trade Block Is the Most Important One in Latin