Mercosur | South American economic organization …

Mercosur, Spanish acronym of Mercado Común del Sur, Portuguese Mercosul, acronym of Mercado Comum do Sul, or Common Market of the South, South American regional economic organization.Mercosur grew out of earlier efforts to integrate the economies of Latin America through the Latin American Free Trade Association (1960) and its successor, the Latin American Integration Association (1980).

: https://www.britannica.com/topic/Mercosur