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Dictionary Language resources

Mercosur

Pronunciation: /ˈməːkəʊsuːə, merkoˈsur/

Definition of Mercosur

a customs union between Argentina, Brazil, Paraguay, and Uruguay, which came into effect in January 1995. Bolivia and Chile joined as associate members in 1996.

Origin:

from elements of South American Spanish mercado común del cono sur 'Southern Cone Common Market' or mercado común del sur 'Southern Common Market'