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Which of the following statements is true about MERCOSUR? It is the world's largest trading bloc. It was established as an answer to the Andean

Which of the following statements is true about MERCOSUR?

It is the world's largest trading bloc.

It was established as an answer to the Andean Community.

It is a part of the Caribbean Community and Common Market.

It is a South American trade initiative with clear economic and political goals.

It was established as a regional trade agreement between Peru and Venezuela.

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