Paraguay Tourism

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Paraguay is a small, South American country and member of Mercosur. Its economy depends largely upon agriculture, which represents one-quarter of the country’s economic activity and almost all of its exports. Following stagnant economic growth since the late 1990s, Paraguay has seen its economy rebound in recent years. The country’s real gross domestic product (GDP) grew by 3.3 percent in 2005, following growth of 2.9 percent in 2004. A combination of economic growth in neighboring Brazil and Argentina and high world prices for its agricultural exports have fueled Paraguay’s economic recovery.

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Paraguay Tourism