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:
“...to many a mother’s heart has come the disappointment of a loss of power, a limitation of influence when early manhood takes the boy from the home, or when even before that time, in school, or where he touches the great world and begins to be bewildered with its controversies, trade and economics and politics make their imprint even while his lips are dewy with his mother’s kiss.”
—J. Ellen Foster (1840–1910)
“The vast silence of Buddha overtakes
and overrules the oncoming roar
of tragic life that fills alleys and avenues;
it blocks the way of pedicabs, police, convoys.”
—Denise Levertov (b. 1923)