Economics Trade Agreements Questions Medium
Mercosur, also known as the Southern Common Market, is a regional trade bloc in South America. As of 2021, the member countries of Mercosur are Argentina, Brazil, Paraguay, and Uruguay. Venezuela was also a member but its membership has been suspended since 2016 due to political and economic issues. Bolivia is in the process of becoming a full member of Mercosur, as it is currently an associate member.