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Mercosur or Mercosul (Spanish: Mercado Común del Sur, Portuguese: Mercado Comum do Sul, Guarani: Ñemby Ñemuha, English: Southern Common Market) is a Regional Trade Agreement (RTA) between Argentina, Brazil, Paraguay and Uruguay. It was founded in 1991. Its purpose is to improve free trade and the easy movement of goods, people, and currency.
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