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Mercosur (in Spanish), or Mercosul (in Portuguese), officially Southern Common Market, is a South American trade bloc established by the Treaty of AsunciĂłn in 1991 and Protocol of Ouro Preto in 1994. Mercosur's purpose is to promote free trade and the fluid movement of goods, people, and currency. Since its foundation, Mercosur's functions have been updated and amended many times; it currently confines itself to a customs union, in which there is free intra-zone trade and a common trade policy between member countries.

More information:

Instructions:

Identify which states belong to the Mercosur.

Example

Identify the state or states that belong to the Mercosur.

Solution

Identify the state or states that belong to the Mercosur.

Argentina
Paraguay
Saint Vincent and the Grenadines

Solve exercises



Mercosur
  Country Capital city Area (km2) Population GDP per capita
Argentina Buenos Aires 2 766 890 44 494 502 20 828
Brazil Brasília 8 511 965 209 134 000 15 553
Paraguay Asunción 406 750 6 561 785 13 109
Uruguay Montevideo 176 220 3 286 314 22 610
  Mercosur   11 861 825 263 476 601 16 471