Answer: Mercosur
Notes: Mercosur is a sub-regional bloc of South American countries. Its purpose is to promote free trade and the fluid movement of goods, people, and currency. It was established in 1991 and its headquarters are located at Montevideo (Uruguay). It calls itself the common market of the South America At present, it is a full customs union and a trading bloc. Its full members are Argentina, Brazil, Paraguay and Uruguay
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