Trade Blocks
The biggest trade block in South America is Mercosur (or Mercosul in Portuguese), comprising Argentina, Brazil, Paraguay, Uruguay and Venezuela. Associate states include Bolivia, Chile, Colombia, Ecuador and Peru. The second-biggest trade bloc is the Andean Community of Nations comprising Bolivia, Colombia, Ecuador, Peru, Venezuela and as of 2006 Chile. The Union of South American Nations is expected to merge both trade blocs.
Read more about this topic: Economy Of South America
Famous quotes containing the words trade and/or blocks:
“Every trade has its master.”
—Chinese proverb.
“He has given me six hundred street signs.
The time I was dancing he built a museum.
He built ten blocks when I moved on the bed.
He constructed an overpass when I left.”
—Anne Sexton (1928–1974)