There are two main trading blocs in Europe, the European Union and the:

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Question restatement: There are two main trading blocs in Europe, the European Union and the next-largest bloc referred to in this question.
Option a: 'Andean Community' — This is a regional trade bloc in South America, not Europe, so it cannot be the European counterpart to the EU. Mistaken geography leads to confusion here.
Option b: 'European Council' — The European Council is an EU institution that defines political direction and priorities, not a separate trading bloc. Treating it as a trade bloc would mix organizational role with economic groupings, which is inaccurate.
Option c: 'EFTA' — The European Free Trade Association is a European regional trade organization that includes several non-EU states and focuses on free trade among members; it is widely described as the primary other European economic bloc alongside the EU. This aligns with the common understanding of two major European trading blocs.
Option d: 'MERCOSUR' — MERCOSUR is a South American trade bloc, not European, consisting mainly of Argentina, Brazil, Paraguay, and Uruguay. Its geographic region makes it an incorrect European counterpart.
In summary, each incorrect option either points to a non-European bloc, a political institution, or a South American organization, while EFTA correctly represents the European trading bloc alongside the EU. The reasoning shows why the other options fail to fit the question's scope and why EFTA is the appropriate match in this context.

There are two main trading blocs in Europe, the European Union and the:

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