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What is TRADE BLOC? What does TRADE BLOC mean? TRADE BLOC meaning, definition & explanation


Nacimiento de la UNASUR

Mercosur, officially Southern Common Market is a South American trade bloc established by the Treaty of Asunción in 1991 and Protocol of Ouro Preto in 1994. Its full members are Argentina, Brazil, Paraguay and Uruguay. Venezuela is a full member but has been suspended since December 1, 2016. Associate countries are Bolivia, Chile, Colombia, Ecuador, Guyana, Peru and Suriname. Observer countries are New Zealand and Mexico.
  • History 

  • Member states 

  • Geography 

  • Demographics 

  • Merchandise trade 

  • Structure 

  • International jurisdiction over contractual matters 

  • Educational integration 

  • Free trade zones 

  • Reciprocal promotion and protection 

  • Role and potential 

  • FTA with third parties 

  • Members