Skip over navigation
Encyclopedia
Dictionary
Thesaurus

More Sponsored Links For:

Mercosur
Columbia Encyclopedia entry: Mercosur
Mercosur or Mercosul, officially the Common Market of the South, Latin American trade organization established in 1991 to increase economic cooperation among the countries of E South America. It is commonly known as Mercosur or Mercosul from the Spanish and Portuguese names, respectively, for the organization. Full members now include Argentina, Brazil, Paraguay, and Uruguay; Bolivia, Chile, Colombia, Ecuador, Peru, and Venezuela (which will become a full member once all four full members ratify its accession) are associate members. The headquarters are in Montevideo, Uruguay. Mercosur is gradually eliminating tariffs between member states and at the same time aiming for a low common external duty, and trade between its members has greatly expanded since 1991. A Mercosur parliament was established in 2007.
Wikipedia search results for: Mercosur
From Wikipedia, the free encyclopedia
Mercosur or Mercosul is a Regional Trade Agreement between Argentina, Brazil, Paraguay and Uruguay founded in 1991 by the Treaty of Asunción, which was later amended and updated by the 1994 Treaty of Ouro Preto. Its purpose is to promote free trade and the fluid movement of goods, people, and currency. The official languages are Portuguese and Spanish. Mercosur origins trace back to 1985 when Presidents Raúl Alfonsín of Argentina and José Sarney of Brazil signed the Argentina-Brazil Integration and Economics Cooperation Program or PICE. The program also proposed the Gaucho as a currency for regional trade. Bolivia, Chile, Colombia,...more »
Columbia Encyclopedia search results: Mercosur
Results 1 - 9  of 9
  • commerce, in economics

    Commerce, traffic in goods, usually thought of as trade between states or nations. Engaged in by all peoples from the earliest times, it has been carried on in some areas and by some peoples m...

  • free trade

    Free trade, in modern usage, trade or commerce carried on without such restrictions as import duties, export bounties, domestic production subsidies, trade quotas, or import licenses. The basi...

  • trade

    Trade, traffic in goods. Conducted by gift, barter, or sale, trade is one of the most widespread of all social institutions. The discovery of nonlocal objects at many archaeological sites stro...

  • Pan-Americanism

    Pan-Americanism, movement toward commercial, social, economic, military, and political cooperation among the nations of North, Central, and South America. The struggle for independence after 1...

  • Paraguay, country, South America

    Paraguay, officially Republic of Paraguay, republic (2005 est. pop. 6,348,000), 157,047 sq mi (406,752 sq km), S central South America. Paraguay is enclosed by Bolivia on the north and west, B...

  • Uruguay, country, South America

    Uruguay, officially Oriental Republic of Uruguay, republic (2005 est. pop. 3,416,000), 68,536 sq mi (177,508 sq km), SE South America. The second smallest country (after Suriname) in South Ame...

  • Argentina

    Argentina, officially Argentine Republic, republic (2005 est. pop. 39,538,000), 1,072,157 sq mi (2,776,889 sq km), S South America. Argentina is bordered by Chile on the west, Bolivia and Para...

  • Brazil

    Brazil, Port. Brasil, officially Federative Republic of Brazil, republic (2005 est. pop. 186,113,000), 3,286,470 sq mi (8,511,965 sq km), E South America. By far the largest of the Latin Ameri...

  • Venezuela

    Venezuela, officially the Bolivarian Republic of Venezuela, republic (2005 est. pop. 25,375,000), 352,143 sq mi (912,050 sq km), N South America. Venezuela has a coastline 1,750 mi (2,816 km) ...

Video Results

powered by Truveo
Toggle Results

Reference Center To Go

Get Dictionary at your fingertips!

Download the Toolbar Now
About This Page | Browse Directory | Tell Us What You Think
© 2009 ReferenceCenter.com. All Rights Reserved.