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Argentina is located in South America. It is bordered by Paraguay and Bolivia in the north, Brazil and Uruguay in the northeast and Chile to the west and south. Buenos Aires is the capital. The population is 41 million. FACTS Argentina is the 2nd largest country in Latin America and the 8th largest in the world. Argentina comes from the the Latin word 'Argentum'  which means 'Silver.' The country was named this because the Spanish arrived in the area following rumors of the existence of silver mountains. Buenos Aires is the most visited city in South America. Gauchos (South American cowboys) were very important in both Urugua