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Uruguay tries to curb shopping sprees to Argentina with price and tax cuts

RIO DE JANEIRO, BRAZIL - Uruguayan authorities expect the forthcoming reopening of bridges linking the country with Entre Ríos in Argentina to trigger a massive displacement to the neighboring country to benefit from the exchange rate difference and buy products at a third of their cost.

"This is an age-old problem with fluctuations. Sometimes prices are lower in Uruguay and in that case Argentines cross over. Other times, as now, it is the other way around. This is something common in border regions. It also happens in the north, with Brazil. In the absence of a coordinated policy between . . .

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