Mercosur



/ˈmɜːkəˌsə/
noun
1.
a trading block composed of Argentina, Brazil, Paraguay, Uruguay, and Venezuela, with associate members Bolivia, Chile, Colombia, Ecuador, and Peru; superceded in 2008 by the Union of South American Nations (Unasur or Unasul), by uniting with the Andean Community
Spanish Mercado Común del Cono Sur (Southern Cone Common Market)

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