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British Dictionary definitions for mercosur

Mercosur

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Brazil, Paraguay, Uruguay, and Venezuela, with associate members Bolivia, Chile, Colombia, Ecuador, and Peru; superceded in 2008 by the Union of South American Nations (Unasur or Unasul), by uniting with the Andean Community

Word Origin

C20: from Spanish Mercado Común del Cono Sur common market of the southern cone
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